Obama Says Fiscal Cliff Deal Will Reduce Deficit …(Deal Adds $4 Trillion to Deficit)

It took President Obama less than 24 hours to release a campaign video bragging about the “fiscal cliff” agreement and explaining what’s in the bill and what it means for you.

He likely made the video before the bill passed and he jetted off to Hawaii.

In the video Obama says:

“Thanks to so many of you because you made your voices heard throughout this debate, we’ve stopped that middle class tax hike. But we didn’t stop there.”

Not true.
Middle class Americans saw their taxes increase by $1,000 a year for those making $50,000 a year and $2,000 a year for those making $100,000 a year. So middle class Americans got the shaft just like wealthy Americans did.

President Obama also had this to say about the deficit:

“Last year we started reducing the deficit though one trillion dollars in spending cuts. In the agreement we reached this week we reduce the deficit even more by asking the wealthiest two percent to pay higher taxes for the first time in two decades.”

Not true.
The fact is that federal spending was not cut by $1 trillion in 2011. Spending increased by $147 billion last year under Barack Obama. And the CBO reported this week that the fiscal agreement that passed the House and Senate will add $4 trillion to the deficit.

Sadly, these mistruths will be overlooked by the liberal media just like all of his other dishonest statements over the years.
But the media is dead.

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  • Pingback: It’s an Illness… Obama Lies & Says Fiscal Cliff Agreement Will Reduce Deficit When It Increses Deficit by $4 Trillion « infowarsusa()

  • Highlander

    I’m sorry, but restoring Social Security withholding rates to the original levels is NOT a tax hike, and in fact, it was a mistake to ever reduce them. I’m very disappointed to see that this site is continuing to harp on that issue. There are PLENTY of other things about this bill to be upset about. Why not focus on those things?…

  • Highlander

    What about the 12.1 BILLION DOLLAR wind energy tax credits? Now THAT is something we should be upset about …

  • cavt

    Pls when you have to show this guy’s face, put the blurry dot over it. Can’t stand to listen to him, can’t stand to see him.

  • driguana

    I find it incomprehensible to understand how anyone can believe a word that comes out of this man’s mouth!!!

  • Multitude

    Worldcom and others played this same accounting fraud. Losses (aka increased deficits) were instead called “investments” (“reduced deficits”) much in the progressive spirit of redefining language to mean whatever you want it to mean.

    Obama’s in good company. Maybe he can even share a jail cell with a moral peer like Bernie Madoff once we take back our country from the progressive crooks in both parties.

  • Jack

    He can say anything he wants and he does because he knows he won’t be called on it by the media or the stupid party.

  • GotFreedom

    Look up a the word “liar” in the dictionary and the only definition needed is a picture of Barack Hussein Obama!

  • http://mychal-massie.com/premium/ bg
  • http://mychal-massie.com/premium/ bg


    re: #9 January 2, 2013 at 9:41 pm bg

    excellent run down, listen to the end
    or you’ll miss a pertinent revelation..


  • DomesticGoddess

    Please watch this movie and pass it around. It explains EVERYTHING Obama is doing to make our country Socialist:


    I watched O’Reilly tonight, scratching his head over why Obama does what he does. Watch this movie – everything will make sense.

  • Blacque Jacques Shellacque

    Sadly, these mistruths will be overlooked by the liberal media just like all of his other dishonest statements over the years.

    Of course. That’s why he keeps on issuing them.

  • Patty

    😆 😆 😆 😆

  • Patty

    And a lot of good this does us now: Congressmen Confirm That Boehner Will Either Resign

    I have confirmed with a group of Congressmen that House Speaker John Boehner will not be reelected Speaker tomorrow.

    He will either resign or be forced out tomorrow.

    Only 17 members are needed to block Speaker Boehner’s election tomorrow. A Speaker needs an absolute majority of all votes cast for a specific person.

    If no one has a majority, the House is speakerless. I’ve confirmed these rules with the House Parliamentarian.


  • Patty

    And does this remind you of anything?

    Senators Got 154-Page ‘Fiscal Cliff’ Bill 3 Minutes Before Voting on It


  • Bronson

    Lying is the new normal

    Welcome to Obama’s America

  • http://mychal-massie.com/premium/ bg


    Patty #15 January 2, 2013 at 10:34 pm

    sorry, aside from being a bit too hard to swallow, what
    am i missing, because that doesn’t make sense to me..

    House Vote #658 in 2013

    [H RES 844 YEA-AND-NAY 1-Jan-2013 9:39 PM
    QUESTION: On Agreeing to the Resolution
    BILL TITLE: Providing for consideration of the Senate amendments
    to the bill (H.R. 8) to extend certain tax relief provisions enacted in
    2001 and 2003, and to provide for expedited consideration of a bill
    providing for comprehensive tax reform, and for other purposes]

    ie: what were they trying to “amend” if
    they didn’t know what was in the bill??

    House Vote #659 in 2013

    [H R 8 RECORDED VOTE 1-Jan-2013 10:57 PM
    QUESTION: On Motion to Concur in the Senate Amendments
    BILL TITLE: To extend certain tax relief provisions enacted in
    2001 and 2003, and to provide for expedited consideration
    of a bill providing for comprehensive tax reform, and for other

    H.R. 8: American Taxpayer Relief Act of 2012



  • Terry Gain

    That’s 4 trillion to the debt. Not the deficit. No, the deficit is not going to 5 trillion. You can’t contribute to fixing fix the problem if you can’t get your terms straight.

  • shadow

    So the Bush Tax Cuts, that were not responsible for dollar one of the increased national debt, suddenly have a $4 trillion tab.

  • Highlander

    Shadow, it’s the SPENDING dummy. Are you really incapable of understanding that simple reality? I don’t care if you believe that the Bush tax cuts worked or not … you have to know that all the tax cutting and or economic stimulus in the world isn’t going to generate the economic prosperity necessary to overcome the spending that these traitors have committed us to. Why can’t you admit that? Are you really so obsessed with partisan politics and parroting the party line that you’re willing to ignore the danger we face and support policies and legislation that are OBVIOUSLY flawed?

    I’d really like to think that you could abandon your hatred and think about what’s best for this country just for once, but I guess not. I certainly hope you understand that when the hammer falls and the suffering begins, you people aren’t going to be spared … you’re going to OWN this disaster, and you’re going to be persecuted for your part in it. I’d be thinking about that if I were you …