Congress’s Debt Deal: A Pact to Screw Americans
By Jason Simpkins For example, many of you will be traveling for the holidays...">OutsiderClub.com
For example, many of you will be traveling for the holidays...">OutsiderClub.com
Can’t make an omelette without breaking a few eggs right?
Well, Congress can’t reach a compromise without screwing over the country.
Sure, they’ve agreed on a tentative budget deal, and you’ll hear a lot about the money it saves and the (self-inflicted) disasters it will prevent.
What you won’t hear about, though, are the hidden tax increases, pension games, and the complete lack of progress on addressing the country’s debt problem.
Let’s go ahead and talk about the hidden taxes first…
Hidden Taxes in the Debt Deal
One of the major sticking points of Congressional debt negotiations is the no tax pledge Republicans sign when they run for office. It’s the pledge of allegiance to Grover Norquist. And we know that if they break it, they’ll have to answer to the Tea Party.
Still, Democrats won’t accept spending cuts without revenue increases, so any budget compromise is going to contain them. They just won’t be called taxes.
For the sake of maintaining Republican no-tax purity they’re passed as “fees.”
For example, many of you will be traveling for the holidays…