Here's a primer on the specious assertion by John Boehner and other Republicans.
2013 Fiscal Cliff Deal
Excluding the rich from making the Bush-era tax cuts permanent, gave us $620B in revenues over the next decade. At the same time it also cost us $4.6T in lost revenue and additional interest payments for the next decade, by making the rest of the cuts permanent.
2011 Budget Control Act
To avert the pending debt ceiling (at that time), Boehner said that he got 98% of what he wanted; obviously 100% being the Cut Cap and Balance Act. In the BCA were $1.2T in sequestration cuts over the next decade and $917B in immediate spending caps.
How does this all add up?
2011 BCA = -$917B
2013 Fiscal Cliff Deal = +$620B
2013 Sequester Cuts = -$1.2T
Total deal negotiated in the last two years = -$1.5T.
Let's make a deal
Let's say you and I went to Burger King and bought extra large french fries, then went through three rounds of negotiations to determine how we'd split the fries up. The first round included 100 french fries for me, and none for you. The second round included 20 french fries for you and none for me. The third (and final) round of negotiations, and I'm insisting that you've got your french fries -- how do you feel about that?
That's what John Boehner and the Republicans are now arguing: You got your french fries, so stop complaining.
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