Fiscal Cliff Deal: More Taxes, More Poverty
January 2, 2013
The establishment media is extending kudos today to vice president Joe Biden for hammering out a deal that supposedly averted the so-called fiscal cliff.
“I want to thank the work that was done by my extraordinary vice president, Joe Biden,” Obama said late Tuesday night.
The Republican Senate boss, Mitch McConnell, went over Democrat majority leader Harry Reid’s head to negotiate with Biden.
“It was the fateful decision that put the Senate and White House on the pathway to the deal eventually approved by the Senate and the House, ending weeks of drama over the fiscal cliff,” the National Journal reports this morning.
But the deal allegedly averting crisis is anything but good news for the American people despite the backslapping on Capitol Hill and the sighs of relief in the corporate media.