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!

  • bg
  • 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:

    http://vimeo.com/52009124

    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.

    http://cnsnews.com/blog/ron-meyer/congressmen-confirm-boehner-will-either-resign-speakership-or-be-forced-out

  • Patty

    And does this remind you of anything?

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

    http://cnsnews.com/news/article/senators-got-154-page-fiscal-cliff-bill-3-minutes-voting-it

  • Bronson

    Lying is the new normal

    Welcome to Obama’s America

  • 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
    purposes]

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

    here..

    ==

  • 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 …

  • Blacque Jacques Shellacque

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

    Assume for a second that this is absolutely true. Is it possible that the Republicans could manage to do worse?

  • Jim

    Highlander great try but these idiots dont know and they dont know they dont know,dangerous,sad and pathetic lot they are. To stupid or naive to even be given the priviledge to have a vote. Read a great article yesterday on the debt ceiling and how they might grasp it. Say you went to work and while there your sewer broke and wheb you got home ,you guessed it its all the way to your ceiling. These idiots have a remedy they just raise the ceiling higher, problem solved! What has soetoro ever worked for in his entire life? Nothing just like most of these knuckledragging takers. How could they ever grasp the concept of a budget? To stupid to realize worse yet to stupid ro care. Im afraid they will learn the hard way eventually that house is gonna explode and the (soetoro is gonna hit the fan) we all k ow what a mess that will be!

  • Pingback: Obama Says Fiscal Cliff Deal Will Reduce Deficit …(Deal Adds $4 Trillion to Deficit) | Born Conservative()

  • squeaky

    most of the people who push this benefit from it one way or the other. when labeling yourself as a social advocate is nothing more than a catch phrase. some advocacy stops when it reaches their pocketbook.
    http://en.wikipedia.org/wiki/Social_safety_net

  • Joe Blow

    Does anyone really believe the majority voted to put this non truth teller back in office?

  • bobbi

    He has s right to be arrogant. Stupid people, illiterate people re-rlected him, ad Pravda states. He gets away with murder, who’s going to catch him on a whopper?

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  • Finncrisp

    Elections have consequences. I thought the first term had enough consequences to not repeat, but the Kenyan is back with “more flexibility”. Good for the golf swing , too. FORE!

  • Jerry C

    He is a liar; just like his father, the devil.

  • shadow

    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.

    And I’m the one “parroting the party line?” LOL

    Let’s look at the facts. During Obama’s first term in office, spending went from $2.982 trillion, in 2008, to $3.796 trillion, in 2012, an increase of 27%. Wow, thats a lot of money.

    Now, how does that compare to other presidents? In Bush’s first term spending increased from $1.779 trillion to $2.293 trillion, an increase of 28%. Hmmm, I surely didn’t expect that. How about his old man? Surely he was more frugal. $1.064 trillion to $1.382 trillion? Eek, that’s an increase of 30%. OK, what about Reagan? There must be a reason he is so revered. In 1980 spending was $591 billion, but four years later it ballooned to $852 billion, an increase of a whopping 44%.

    Isn’t there any president who oversaw fiscal restraint. Well … there is Clinton’s first term, where spending went from $1.382 trillion in 1992, to $1.560 trillion in 1996, an increase of a mere 13%, less than half the rate of the others. But that doesn’t count, because his tax increase ruined the economy. No?

  • shadow

    Right, Jim. I’m the one that is “to stupid.”

  • Jim

    Who controlled the purse under reagan? who controlled the purse under bubba? Who hasnt put forth a buget in over three years?Yeah you are to stupid!! Next

  • Jim

    Its not taxes you dumbass its spending. You really are stupid arnt you

  • Dennis

    Really? Mistruths? This isn’t Voldemort we’re talking about here. The word for what he does is “LYING” He Lies. He is incapable of telling the truth. There, does that make it easier?

  • shadow

    So now increased spending is not the president’s fault, even though you continue to blame Obama? Doesn’t the president not have veto power if he doesn’t like what Congress comes up with?

    And during the first half of Clinton’s first term, Democrats controlled Congress, a period that saw spending increase by only 6%. When Republicans took over, spending increased by 7% for the next two years and 15% during his second term. So don’t get me, it was the Republican Congress crap.

    Oh, and it’s “too stupid” you ignorant jerk!

  • shadow

    Its not taxes you dumbass its spending.

    What was the average top tax rate when Reagan was in office?

  • One word: LIAR!

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