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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Oblivious who wrote (55348)8/15/2011 11:19:29 PM
From: DuckTapeSunroof1 Recommendation  Read Replies (2) | Respond to of 103300
 
Re: "You mean the Obama keeping the same tax rate policy.?"

That was obviously one of S&P's conclusions and complaints (that resulted in their issuing a downgrade).

They stated that they believed the Bush cuts would be extended (in whole or in part) and that this would greatly worsen the deficit. (Add well over a Trillion dollars to the deficit over the next decade.)