According to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion—a 41:1 ratio of tax increases to spending cuts.
When Presidents Ronald Reagan and George H.W. Bush increased taxes in return for spending cuts—cuts that never ultimately came—they did so at ratios of 3:1 and 2:1.
“In 1982, President Reagan was promised $3 in spending cuts for every $1 in tax hikes,” Americans for Tax Reform says of those two incidents. “The tax hikes went through, but the spending cuts did not materialize. President Reagan later said that signing onto this deal was the biggest mistake of his presidency.
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"Doug Giles and his team over at ClashDaily.com cut through the crap to expose what have become modern day human slaughter houses: gun free zones. Their candid arguments about allowing teachers to protect themselves and the students in their care through concealed carry should be taken seriously. As a result maybe, just maybe, we’ll be able to save some lives someday rather than call the cops to report the body count." - Katie Pavlich. News Editor,Townhall.com and NYT's Best-selling Author, Fast and Furious: Barack Obama's Bloodiest Scandal and Its Shameless Cover-Up
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