CBO Warns Present Obama Economic Course Will Bring Back Recession Posted By: Yidwithlid 8/22/2012 2:26:06 PM The Lid, by Jeff Dunetz Original Article
Remember how the Democrats keep looking for ways to raise taxes on the most successful Americans? And how the president has threatened top veto any tax legislation that does not raise taxes on the Job creators?
Today the non-partisan Congressional Budget Office released its semi-annual report on the economy and as the saying goes, "it aint pretty." According to the CBO the U.S. economy will slide into recession in 2013 if the combination of Taxmageddon and the automatic spending cuts — known as a sequestration are allowed to happen.