Tag: opening bid

Fiscal Cliff: Déjà Vu

  From Robert Reich: So the bidding has begun. According to the Wall Street Journal (which got the information from GOP leaders), the President’s opening bid to Republicans is: — $1.6 trillion in additional tax revenues over the next decade, from limiting tax deductions on the wealthy and raising tax rates on incomes over $250,000 (although those rates don’t have to rise as high as the top marginal rates under Bill Clinton) — $50 billion in added economic stimulus next year — A one-year postponement of pending spending cuts in defense and domestic programs — $400 billion in savings over the

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ABOUT AUTHOR
Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.

Books

A Letter to America

The Thirteeneth Juror

Where is The Outrage Topics
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