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About that Republican talking point of 'fiscal cliff deal added $4T to deficit'
01-02-2013, 07:38 AM
Post: #1
About that Republican talking point of 'fiscal cliff deal added $4T to deficit'
Rep. Chris Van Hollen (D-MD) just explained it all on Morning Joe (thank you, Chris). Long story short, the CBO report that conservatives (such as Scarborough) are citing was based on then-current law, and assumed that all middle-class taxes were going up. Since that didn't happen, the '$4T' scenario is moot. Van Hollen reiterated that the fiscal cliff deal reduces the deficit by about $600B.
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01-02-2013, 09:50 AM
Post: #2
RE: About that Republican talking point of 'fiscal cliff deal added $4T to deficit'
lol

They do not care about the deficit.
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