The “balanced” approach fiscal cliff deal cost taxpayers BILLIONS of additional tax dollars.
Those who supported this deal are assuring us that they “protected 99% of taxpayers”. So who is paying the additional $47 BILLION dollars this deal is costing us?
According to the Congressional Budget Office, the net result of this deal is an additional $47 BILLION dollars of spending. That really doesn’t sound to me like a great deal for taxpayers.
The Heritage Foundation sums it up this way…
“Today’s trillion-dollar deficits and rising debt are the product of excessive spending. Until Congress and the President take substantial steps toward reining in spending, especially in the government’s entitlement programs, debt will be a constant drain on the country’s prosperity. Having squandered this opportunity, lawmakers need to focus on substantive spending reductions in forthcoming budget debates.”
***Gordon Howie is a nationally syndicated author, host of Liberty Today TV and CEO of Life and Liberty Media***
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