White House opening bid in fiscal cliff negotiations includes $1.6 trillion in taxes, $50 billion in stimulus

Hmm… why would anyone freak out over the idea of a few more tens of billions thrown away in the name of another “stimulus” package, seeing how well the previous trillions did? Oh, and did we mention the plan also eliminates the debt ceiling?

The point Politico’s Marty Kady is making is simple enough; both Congress and the White House are offering up their opening bids in what will be an ongoing negotiation.

Yeah, but that sticker price! That’s like being told the dealership wants $41,000 for a Chevy Volt. It’s also a clear sign that the White House is sticking to its plan to tax and spend the nation into prosperity … or the ground.

Yes, it did.

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