Thursday, January 3, 2013

Debbie Wasserman-Schultz: These new tax hikes on the rich are just the first step of “the balanced approach”

Jan. 3, 2013
by Allahpundit

(Hot Air) - Via Mediaite, “balanced approach” is Obama’s Orwellian term for selling tax hikes to the public as a condition of spending cuts even though there’s nothing remotely balanced about our fiscal problems. Spend 10 seconds looking at the graphs in Yuval Levin’s new post at the Corner. That’s the reality that the “balanced approach” pretends to address. As Levin said in another post today, “The fiscal trajectory of our welfare state is not sustainable, no matter how much taxes go up.”

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