That press conference was about the left hating this deal. We’re so used to R [GOP] legislators blowing up deals we forget Dems can do it too.
The latest Republican offer to resolve the U.S. “fiscal cliff” standoff keeps tax rates low for households making less than $1 million a year, but millionaires get the benefit of lower taxes too, according to a non-partisan study released on Wednesday.
The analysis by the Tax Policy Center found that Republican House Speaker John Boehner’s so-called Plan B provides an average tax cut of about $108,000 for households making more than $1 million, when compared to the rates this group would face if the country went over the cliff.
Fiscal Cliff is as over-hyped as Y2K bug. Seriously, nothing bad will happen Jan. 1 if no budget deal.