The deal to avoid the "fiscal cliff", a.k.a. the end of the George W Bush tax rates, includes some tax increases. Zerohedge puts them in perspective.
Gateway Pundit tells us what Michael Reagan says about the deal.
The Independent Journal Review reports that the deal makes $41 in tax increases for every $1 of spending cuts, a ratio far worse on deals agreed to by Presidents Reagan and George H W Bush.
But even so, according to Truth-Out, the liberal base thinks that President Obama gave away too much.
What good will the deal accomplish? According to Frontpagemag, it will merely postpone the fiscal cliff until this coming March.
How long did the Senate take to consider the 154-page bill? From CNS News, about 3 minutes. Evelyn Wood would be proud. It seems that the Nancy Pelosi tradition of passing the bill to find out what's in it has migrated from the House to the Senate.
From Townhall, Speaker Boehner likewise shoves the bill through the House.
Politico give us some of the discussion between John Boehner and Senator Harry Reid, and it ain't pretty.
What do I think will happen? As in the Road Runner cartoons, we will go over the cliff just like Wile E. Coyote, perhaps not falling until we realize that there's nothing solid immediately under our feet. After we hit the bottom, the resulting vibration will cause a large boulder, known as "Obamacare", to fall on top of us.