Tom Harkin: Fiscal Cliff Deal ‘Falls Short’ For Middle Class Families (VIDEO): via HuffPost

Tom Harkin: Fiscal Cliff Deal ‘Falls Short’ For Middle Class Families (VIDEO): via HuffPost http://huff.to/Z7ZwJD It’s interesting that more traditional people on right and left don’t see a problem with returning to the old tax levels. The primary culprits in the financial crisis are the deregulation of banking and financial services, and the Bush tax cuts. The tax cuts created a funding crisis out of thin air. The ideal would be to also close most of the loopholes as republicans suggested, and cut at least twice as much from military spending, to get a surplus. The financial stability could draw investment.

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