Pass it Now, Right Away, Don’t Delay
President Obama’s jobs program calls for another $45o billion of the spending that dare not speak its name. That name would be “stimulus“. He wants it passed immediately – “no games, no politics , no delays”. And he wants it paid for by ending charitable deductions for the rich, capital gains tax rates for hedge fund tycoons, oil industry deductions, and of course, breaks for jet owners.
Unless Congress gets with his plan, unlikely, he says it’s up to the “super committee” to come up with other offsets. Right away.
What is in the cigarettes that this guy is smoking? Whatever it is, I’ll bet it will be covered under Obama-care.