U.S. Rep. Michele Bachmann (R-Minn.) and businessman Donald Trump on Tuesday bitterly denounced a Senate compromise over the so-called fiscal cliff that was opposed by only five Republicans.
"The Senate's plan has billions in tax increases and not one dime in spending cuts," Bachmann tweeted. "It's a recipe for massive job loss in 2013. Senators only got (the) legislative text 10 minutes before (the) 2 a.m. vote began. How many had enough time to print out bill let alone read it?"
"I am a Republican but the Republicans may be the worst negotiators in history," Trump tweeted. "What is (GOP leader) Mitch McConnell thinking? Maybe (Speaker of the House John) Boehner will stop this one-sided deal in the House. I hope so!"
Promoted as a soak-the-rich plan, the plan would actually result in higher taxes for most Americans, the New York Times reported Tuesday.
"The Senate’s decision not to reverse a scheduled increase in the payroll tax that finances Social Security, while widely expected, still means that about 77 percent of households would pay a larger share of income to the federal government this year," the Times reported. "The tax this year would increase by two percentage points, to 6.2 percent from 4.2 percent, on all earned income up to $113,700."
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