Fiscal Cliff Deal: $1 in Spending Cuts for Every $41 in Tax Increases

“Matthew Boyle at Breitbart now reports that the according to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion—a 41:1 ratio of tax increases to spending cuts.”

http://www.economicpolicyjournal.com/2013/01/fiscal-cliff-deal-1-in-spending-cuts.html

The Freedom Watch Staff

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