Debt Deal Reached: Obama Rushes to Hold Press Conference …Update: 50% of Cuts Come From Military

After a debt deal was reportedly reached tonight Barack Obama rushed out to hold a press conference.
He still has no plan.

Barack Obama just announced that he will continue to push for tax hikes.
The current plan does not include tax hikes.
Republicans gave Barack Obama a pass. The deal will last until 2013 after the election.

He hasn’t blamed Bush yet.

A bipartisan committee will meet and suggest new solutions which may include tax hikes.

UPDATE:
On Sean Hannity tonight Senator David Vitter (R-LA) 50% of cuts may come from the Defense Department.

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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