Breaking: Super Committee A COMPLETE FAILURE!

Alicia Badilla By Alicia Badilla, 21st Nov 2011 | Follow this author | RSS Feed | Short URL http://nut.bz/7zy3_jbo/
Posted in Wikinut>Business>Investment

President Obama speaking now on what happened with the Super Committee: "Too many Republicans in Congress insist on Protecting Tax Breaks for Wealthy 2% at Any Cost"

What is happening now with US Debt?

The US Debt Super Committee was put together by President Obama, this is what he said in comments today while speaking from the White House. "They still have a couple of days. My expectation is that there are some Republicans that want to keep the automatic cuts from taking place."

The global economy squats in prostrate as we wait to see the markets reaction to US Politicians fudging things up.

The President vowed to veto anything that would keep the automatic spending cuts from taking place. He made it clear that he wants to help middle income Americans with payroll tax cuts.

Democrats look at Grover Norquist as the evil poster boy for the Republicans who signed a pledge to not agree on tax any increases for the wealthy. Many are asking if Grover Norquist may be facing criminal charges as Republicans raise concerns about backlash from his organization and fear of retribution if they go back on their pledge.

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Comments

author avatar Buzz
22nd Nov 2011 (#)

Enter Occupy Wall Street protest to eventually teach the politicians a lesson on who's really the "Boss".

Thanks, Alicia. Loved this.

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author avatar Steve Kinsman
22nd Nov 2011 (#)

Excellent post Alicia. The Republicans are bent on paralyzing any of Obama's efforts. They want the country to tank so they can elect a Republican.

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author avatar Alicia Badilla
22nd Nov 2011 (#)

And by Republicans you mean the evil Grover Norquist. His name alone puts goosebumps on my arm. Bad bad man.

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