FUCK THE POLICE
911 EVERY DAY
Sorry, I said I wanted to see the details of the president's plan, not the outline of the president's joke.
Yes, I said "joke" because it's obvious that's what this is, anyone can see the humor. First of all, the math is being calculated by the same people who claim they have saved or created 2.2 million jobs, even though unemployment has gone up 2.5%. So they start off by promising $2 trillion in budget cuts, which are never specified, other than to say they are going to come from discretionary spending and security. Then, they add $1 trillion in tax reform... but Obama himself, already admitted that increasing tax rates on top marginal incomes would not generate more revenues, he told Joe the Plumber he wanted to do it for "fairness." We also have the US Treasury figures over the years, for when we've raised top marginal rates, and it resulted in LESS revenue. It's just a flat out lie that tax reform will lead to $1 trillion in savings, unless Obama plans to heavily tax the middle class AND the poor.
Finally, if this is not enough bullshit to shovel off as a "plan".... they have the audacity to claim another $1 trillion in savings on the debt interest! Yes... this is based, you see, on the phantom unspecified $2 trillion cuts and the mythical non-existent increase in revenue from a tax increase, both of which will never materialize. Basically, Obama's "PLAN" is a speech full of platitudes and demagoguing.
If Obama is under the impression that a higher marginal tax rate will not create additional revenue, he's incorrect.