Posted on 30 December 2012.
"The president has never gone to the nation and made a serious speech about debt," Krauthammer said. "He ignored it the first two years. He appoints a commission that he studiously ignores for the next two years. That's why we're at the cliff now. He's not serious about the debt "” none of his proposals. You raise the taxes on the rich, it's eight cents on the dollar on the deficit. It reduces it a trivial amount of money and he's never put any political capital in entitlement reform or tax reform. Oh, we'll talk about it here and there "” never invested any capital in it." (via Jeff Poor/Daily Caller)
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