Poster, President Obama has already lowered taxes for 97% of Americans. According to the Congressional Budget Office and the Government Accountability Office this will lower the deficit. The same Republicans who loudly demanded CBO and GAO scores are now reduced to blubbering “Lies!” as Limbaugh and Rove did in the past week. But they have no numbers or data to back up their shrieks.
The same Republicans who said – and I quote directly from Dick Cheney – “Ronald Reagan proved deficits don’t matter” are being utterly dishonest here. After President Clinton lowered the deficit and lowered the national debt they undid all of the reforms, spent like drunken sailors, raised taxes on the middle class and lowered them for the top 1% raising the national debt from 1.5 trillion to 8.3 trillion in eight years. But now that someone has taken tiny halting steps towards throwing a sop to the bottom 99% they are shrieking about the deficit. And Glenn Beck is bawling his little eyes out on cue. And their useful idiots the Tea Baggers are threatening to murder the President.