http://www.reuters.com/article/2012/11/30/us-usa-fiscal-offer-idUSBRE8AT02C20121130

1- $1.6T inccrease in tax revenues to achieve deficiet reduction of 4 trillion over 10 years (he added 5.5 trillion in 4 years)

2- Add ability to raise borrowing limit with executive power and no vote from congress (wtf??)

3- $400B in spending cuts to entitlement programs (i believe starting 10+ years down the road)

4- $50B in new economic stimulus (aren't we trying to cut the deficit?)

this is what this country voted for, what a fucking joke how is this going to even accomplish anything? Obama wants to TAX and SPEND. He is not serious about reducing the deficit, look how he cut it in his first 4 years. We don't have 10 years to fix this problem. Everyone was all up in Romney's face about how it doesn't add up, well this doesn't add up either.

here is what is going to happen. Obama wants to go over the fiscal cliff. It will raise taxes on everyone. But, if we go over it, it will obviously be the republicans fault, so he loses no political capital by doing this. So we go over the cliff, shit gets bad and republicans get the blame. Spending cuts kick in from the sequestration to the military ($500B or something), Obama wants to cut the military anyway so this accomplishes that. Next, after a few months, Obama proposes new tax cuts for the middle class (not lower class since they don't pay income tax anyway) and calls them the Obama tax cuts, gets praise from the nation of drones because he saved the day again and made republicans look bad.

That's how it will play out, but America is too stupid not paying attention anyway, and 47% of America don't pay an income tax anyway so why should they care.

Curious to hear what you guys think (and no, I don't want any damn hate messages, post up a real opinion on what you think about the situation at hand, and no videos RJP)