Clementine
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- Dec 18, 2011
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In addition, tax increases on the middle class will go up between $600 billion and $800 billion over that period, under the new budget proposal. Thus, much of the stated deficit reduction will come through tax increases, further burdening the private sectors ability to create jobs.
About $400 billion in planned savings are attributed to Obamacare, which is becoming a running gag in-and-of-itself. Even Kathleen Sebelius, once the champion of the gargantuan bureaucratic expansion, is becoming critical of the healthcare program. Claiming that the program will cut costs at this point is laughable, indeed; whether the crypto-rationing board gets into high gear or not.
Obama's Budget a Joke
Obama's Budget a Joke: British Pub Slams 'Bad Math, Phantom Revenues, Imaginary Spending Cuts & Middle-Class Tax Hike' | Independent Journal Review