Fact Sheet: A Victory for Bipartisan Compromise, for the Economy and for the American People

A victory for bipartisan compromise, for the economy and for the American people.

Removes the cloud of uncertainty over our economy at this critical time, by ensuring that no one will be able to use the threat of the nation’s first default now, or in only a few months, for political gain;

Locks in a down payment on significant deficit reduction, with savings from both domestic and Pentagon spending, and is designed to protect crucial investments like aid for college students;

Establishes a bipartisan process to seek a balanced approach to larger deficit reduction through entitlement and tax reform;
Deploys an enforcement mechanism that gives all sides an incentive to reach bipartisan compromise on historic deficit reduction, while protecting Social Security, Medicare beneficiaries and low-income programs;

Stays true to the President’s commitment to shared sacrifice by preventing the middle class, seniors and those who are most vulnerable from shouldering the burden of deficit reduction. The President did not agree to any entitlement reforms outside of the context of a bipartisan committee process where tax reform will be on the table and the President will insist on shared sacrifice from the most well-off and those with the most indefensible tax breaks.

http://www.whitehouse.gov/fact-sheet-victory-bipartisan-compromise-economy-american-people

Thanks for posting this. At least they'll see it, and hopefully read at least a few sentences before hitting unrec.

This is just what the White House is saying and I am putting it up for people's perusal, if they are so inclined.

.... ROTFLMAO. What a freaking tool you are if you think there are "facts" in that tripe.

:thumbsdown:

I thought our party was the DEMOCRATIC party! He can't even write like he's one of us!

They actually believe they can piss on us and make us think it's raining.

... what a bunch of ABSOLUTE BULLSHIT.

.. coupled with bullshit spin as to their meaning, is that what you are talking about?

absolute bullshit.