Deal slammed a 'sugar-coated Satan sandwich'

[The Straight Story]

Deal slammed a 'sugar-coated Satan sandwich'

Middle classes to be hit by tax increase by the back door: Obama and Boehner face furious backlash from their own parties as last minute debt deal is slammed a 'fudge'

Democrats fear further spending cuts while Republicans say deal is just a means of raising taxes at a later stage by joint committee
Frantic behind the scenes lobbying expected to get lawmakers on the fringes of both parties to support deal
Experts fear credit rating will still be downgraded
Furious public backlash on Twitter
Deal slammed a 'sugar-coated Satan sandwich'
Tea Party senator says he will filibuster today's vote
Obama: Debt deal will end crisis and remove cloud over the economy
Agreement will cut about $1trillion over 10 years



President Barack Obama awoke today to furious reaction to his last-minute debt deal, with experts slamming the agreement as a cruel means of hitting middle classes with tax hikes 'through the back door'.
The President and congressional leaders last night finally announced an agreement on emergency legislation to avert the nation's first-ever financial default.

But while the dramatic resolution briefly lifted a cloud that had threatened the still-fragile economic recovery, critics said in the long run the middle classes would bear the brunt of the country's massive debt, with increased taxes set to cover for the White House's reluctance to cut public spending.


Read more: http://www.dailymail.co.uk/news/article-2020959/US-debt-ceiling-crisis-Obama-John-Boehner-deal-avoid-default.html#ixzz1Tmsz0jG0

[GreenPartyVoter]

1. Wouldn't we have more money available if we ended the damn wars?

[Bonhomme Richard]

2. Wait until people start seeing their property taxes jump.

Feds cut state programs. States no longer have funding for necessities like education. State stops funds to local governments. Local governments raise property taxes, not to increase spending on education but only to lessen the impact of the downward slide. People (especially those that complained about federal taxes) moan about not being able to afford property tax increase and how teachers are paid too much. The downward cycle continues.
Can't tell you how many times I have seen this happen already.