FBC The Willis Report January 3, 2013
That was then. Not at all now. Tomorrow. L why . Because the scal cliff deal which will be signed by the president probably moments from now will shrink the government. No. Spending rises by 4 trillion. Maybe investors were excited about lower deficits. No again. Deficits continued to climb to 8 trillion of the decade. The estimated deficit reduction, just 650 billion. And oh, by the way, contrary to what you heard, the middle class gets socked with a tax hike. You earn 50,000, get ready to pay additional thousands of assam. Here with details, scott hodge, president of the tax foundation. Than...