The Plunder Continuesby Tim Kelly
Jan. 12, 2013
FACT CHECK: Hillary Said 90% of Clinton Foundation Donations go to Charity. Actual Number? 5.7%
Wikileaks: Hillary Plotted Fake 'Grassroots' Campaign Using Celebs to Con Youth Into Voting for Her
LOL! WashPo's Jennifer Rubin Crashes & Burns During Bill O'Reilly Interview
UK: '12yo Refugee' Outed As 21yo Jihadist Threatens To Kill His Foster Mom & Her Kids
'The System IS Rigged!' Pat Buchanan Goes Off On CNN Propagandist!
It was clear the fix was in the moment the term “fiscal cliff” was coined to describe the series of spending cuts and tax increases that were set to kick in on January 1, 2013.
The American people were told in 2011 that the debt ceiling needed to be raised again to avert an outright default on the national debt. So the Budget Control Act of 2011 was passed, which authorized the Treasury to borrow an additional $2.1 trillion — enough to keep the federal government operating until December 31, 2012. But this act also imposed a series of automatic spending cuts (sequestration) and tax increases to address the country’s debt crisis.