Right on schedule the kenyan put a @#$@ in the punch bowl.
Last year, in 2011, we started reducing the deficit through $1 trillion in spending cuts. Those have already taken place. The agreement being worked on right now would further reduce the deficit by asking the wealthiest 2 percent of Americans to pay higher taxes for the first time in two decades.
And he went on to add:
And I want to make clear that any agreement we have to deal with these automatic spending cuts that are being threatened for next month, those also have to be balanced, because, remember, my principle always has been lets do things in a balanced, responsible way. And that means the revenues have to be part of the equation in turning off the sequester and eliminating these automatic spending cuts, as well as spending cuts.
Take away - he says he already cut $1Trillion and any new negotiations will require new taxes
The Magic Negro wants Magic Spending Cuts, but real taxes.
Excerpt from the Roll Call link:
Obama’s Call for More Revenue Next Year Angers GOP Senators
By Steven T. Dennis
Roll Call Staff
Dec. 31, 2012, 2:29 p.m.
With both sides on the cusp of a fiscal cliff deal, President Barack Obama vowed Monday to seek additional revenue next year alongside spending cuts. In the process, he also angered several GOP senators who said he demeaned their efforts to reach a deal.
Obama said that a year-end deal to avert tax hikes for the middle class is within sight, but its not done.
The emerging deal, which sources have pegged at around $600 billion in new revenue, would include permanent extensions of current tax rates on individuals with income up to $400,000 and couples with income up to $450,000. But Obama made clear that he would demand additional revenue as part of any package next year.
Obama has sought a much higher revenue figure $1.3 trillion as part of a grand bargain in his failed negotiations with Speaker John A. Boehner, R-Ohio.
Btw, a first glance I thought that last line ended: Speaker John A. Boehner, Rino. Had to do a doubletake.
No kidding. What a surprise. So, the fiscal cliff wasn’t the big deal he tried to make it out to be? Wow. He was planning ahead? Shucks. Democrats want to raise taxes? I guess he wants his base to know that he still intends to raise taxes higher. What a patriot. Never, ever, never trust anything a Democrat says. Even the smaller stuff. The only thing you can do to figure out what a Democrat will do is look at his past behavior.
Watch me save $trillion.
Wanna see it again?
We already will have higher taxes, thanks to Obamacare.
Wait till all those idiots who think Obamacare is going to be so wonderful find out how much it will cost them
Bizzaro World.
With "friends" like this, Conservative don't need enemies.
I think there may be enough TRUE conservatives in the House to stop this madness.
May not be enough to dethrone Bohner - but enough to stop the fiscal suicide.
Pray Hard (1 Thessalonians 5:17)
In regards to all the libs who reelected this putz, I hereby nominate this song to be their own personal theme song for the next 4 years...
https://www.youtube.com/watch?v=f8Ne9sRcSrM
Of course he’ll want more taxes next year. He’s a Democrat!
Obama is on his never ending quest to turn us into the United States of France.
High Unemployment
High Regulation
High Taxation
Low/No Growth
This is exactly why compromising weakens your position. Negotiation means both sides have some skin in the game. As it is the GOP is on the ropes. And they will keep on losing because they are spineless and in fear of losing their jobs. They would rather give in to Obama than stand up for their constituents. If my sales team worked like the GOP we would be giving our product away free. Geez.
When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.
IT IS PAST TIME.