Oh, Fox “News,” why are you so fucking pathetic? It’s sad, really.
Obama is not a congressman, so he didn't make this deal.
The majority of Senate Republicans and 85 in the House also voted to raise taxes. Not just Democrats.
“Your taxes?” Only on any income you make OVER $400,000 will your taxes go up - from 35% to a devastating 39.6%. If you make a million or a hundred million, your first $400G's DO NOT see a raise in taxes. You poor 'top-2%-richest-in-the-nation' cock-punchable greedy bastards.
It is the truth that raising taxes only on income over $400G's will raise the deficit over the next 10 years by almost $4Trillion, according to the non-partisan Congressional Budget Office. However, Republicans wanted to ALSO extend the tax cuts on everyone making OVER $400G's, which would NUCLEAR FUCKBOMB the deficit - so fuck you.
The CBO's $4T deficit estimate does not take into consideration any future spending cuts or tax reforms on upcoming dealings.
Republicans NEVER, EVER, EVER care one cunt-hair about the deficit until Democrats are in charge. The entire country could explode with their credit card spending sprees, but as long as they get the ONLY thing they EVER care about - tax cuts for millionaires & cutting programs for the needy that potentially divert money from millionaires - they don't give a shit if everyone else burns slowly to death. (By the way, an "Entitlement" is a program you pay into for your whole working life and are entitled to receive the benefits of, like Social Security - which does NOT contribute ONE GODDAMN PENNY to the deficit. This is what Republicans want - to take your money that you put into a savings program and give it to the rich. "Entitlement" is not a bad word. Fuck you, Republican fascists.)
This deal has obliterated the several-decades-old, anti-democratic Republican ideology of never raising taxes. Fuck you, Grover Norquist and fuck you, Teabaggers. Shitbags, one and all.
Right after the House voted to pass the deal, Obama said he will still seek further tax increases for the greedy - I mean, wealthy:
"As we move forward to address our ongoing fiscal challenges, both spending cuts and continuing to ask the wealthy to do a little more will be part of a balanced approach… We can’t simply cut our way to prosperity. Cutting spending has to go hand-in-hand with further reforms to our tax code, so that the wealthiest corporations and individuals can’t take advantage of loopholes and deductions that aren’t available to most Americans."