President;s proposal was for $4 Trillion reduction while GOP's is for $2.2 Trillion. Thought I heard the same two numbers before:
Updated 3:25 p.m. ET -- Republicans offered up their own proposal to avert the impending “fiscal cliff” on Monday amid Democratic demands that the GOP match the Obama administration’s plan with one of their own.
In a letter to President Barack Obama, House Republican leaders outlined the contours of a deal they said would achieve a net savings of $2.2 trillion. The plan, which is based on fiscal commission Democratic co-chairman Erskine Bowles’s proposal to the super committee, would achieve these savings through revenue from tax reforms, health savings and discretionary spending cuts.
Just because you said so, means not it is so. I hate to rehash what Barry had accomplished in his last 4 years, despite of obstructionists in his face every step of the way:
Obama saved the country from another Great Depression, rebuilt GM, reformed healthcare, reformed Wall Street, doubled the stock market, created 9 straight quarters of GDP growth, created 22 straight months of private sector job growth, got Bin Laden, got Gaddafi, and got us out of Iraq.
And now with the automatic spending cuts and the expiration of the Bush tax cuts in 2012, Obama has solved the deficit problem as well.