Obama Budget: All Tax Hikes, No Spending Cuts

Obama Budget: All Tax Hikes, No Spending Cuts: "In fact, his spending increases and advertised spending cuts cancel each other out—leaving only a massive tax increase.
The President cancels sequestration’s spending cuts—therefore raising spending—by the same amount that he reduces spending. When that’s done, all that’s left is a $1.1 trillion tax hike."

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