Bottom line is that Obama's plan adds 8.6 trillion dollars to the debt. Amazingly, this is he calls a serious offer. Really?
This President wants to raise taxes because he wants to raise taxes, not as sound economic policy since the resulting revenues will not lower our debt (he plans on spending the resulting revenues anyway). The ONLY remedy for the financial fix we're in is to stop spending money we don't have. Our problem is SPENDING, a fact which Mr. Obama either doesn't comprehend or chooses to ignore.
It is the SPENDING, stupid . . . and that fact's NOT negotiable!