Rep. Ryan of Wisconsin is selling a fully loaded 6 trillion dollars worth of spending reductions. The Speaker of the House and the President recently got together and are trying to now pass a bill that while it appears to be a spending reduction is half spending reduction and half "money we didn't spend last year and weren't GOING to spend this year."
And today, we have our president, shovelling more bullshit. The sales pitch that jumped the spending reduction shark perhaps? Ladies and gentlemen, I give to you The Spending Reduction In the Tax Code.
Yes indeed. Our tax code is responsible for spending about 77% of GDP annually, more than 3 times the rest of the federal government combined. How? By only taxing 23% of it. That's right, the Spending Reduction in the Tax Code is simply a re-branded tax increase.
Are you tired of being treated like an idiot, talked to like a simpleton, or just plain ignored?