The plan cuts just over $2 trillion, with about 75 percent coming from tax increases.
$1.5 Trillion in Tax Increases and a fictitious $1.1 Trillion savings from ending Wars.Business Insider states that Obama will unveil the Tax Increase in a Rose Garden speech at 10:30.
It is clear that Obama is either in over his head or intends to tax the American people into a Double Dip Recession, if not a Depression. YOU DON'T TAX JOB PRODUCERS AND EXPECT JOB GROWTH. The Every Day Conservative predicts you will see Democrat politicians abandoning Obama in huge numbers leading up to the election.
**Pulitzer-prize winning author received extensive co-operation from the White House, portrays the American president as indecisive, out of his depth and facing insubordination from advisers. Read Here