Posted on 03/27/2012 4:09:11 AM PDT by blueyon
Liberal House Democrats on Monday unveiled a 2013 budget that increases taxes by $4.7 trillion more than President Obama proposed in his own budget last month.
The Congressional Progressive Caucus said the taxes are necessary to fund $2.9 trillion in new stimulus spending to “put Americans back to work” and “rebuild the middle classes” while reducing the deficit. This new spending includes canceling the cuts in last August’s debt-ceiling deal between Congress and the White House.
The CPC budget will be offered as an amendment this week to the House GOP budget for 2013, which contains $2 trillion less in revenue than Obama has proposed over 10 years.
(Excerpt) Read more at thehill.com ...
How do they expect to rebuild the middle class by taxing the crap out of it?
...pronounced; communists!
John Boehner’s deal?
The dhimmicrats had their fingers crossed when they signed it....
The libtards would love to tax everyone 100%, except themselves of course, and “allow” us to live on what they give us.
Both parties want to do that so they don’t have to face sequestration that will hit equally defense and welfare spending. This is the reality: Both parties are incapable of cutting spending.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.