[Carismar]

“If the Super Committee fails to pass a balanced deal, President Obama will be able to veto an extension of the Bush tax cuts, which expire on the same day the mandatory spending cuts will go into effect.”

So the “mandatory spending cuts” don’t even start until Jan. 1, 2013.

[Cheerio]

So the “mandatory spending cuts” don’t even start until Jan. 1, 2013.

Please, please - let us call a spade a spade. There are no spending CUTS. Is is only a forecast of cuts to the amount of spending INCREASES. Until the GOP stands up and tells America the TRUTH, I don't believe anything I hear from either established parties.

TEA PARTY GET THE WORD OUT - THERE ARE ZERO SPENDING CUTS - ABSLOLUTELY ZERO. Support the Mac Penny plan and you will see real cuts.

[jpl]

So the “mandatory spending cuts” don’t even start until Jan. 1, 2013.

Which means they're never going to happen. What a complete joke.