That's a flat out lie. The taxes had already gone up. The deal eliminated tax hikes on everyone making less than $400,000 a year, and made the Bush tax rates on them permanent. Whatever it's other faults the deal resulted in lower taxes for most Americans.
They gave in on “taxing the rich” which was wrong and they gave in by taking away the 2 percent giveback.
People like me who are conservative and work two jobs just lost money to Washington.
I can get over that personally but the grassroots out there who work and support the GOP will be the bite of higher taxes, too.
This a European style bailout, not conservative legislation.
Moodys wants more austerity type measures or the credit rating of the US gets lowered.
This is the first of many “imperfect deals” to come.....