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Examine the Outcome of Recent Spending Cuts and the Tax

Question 2

Multiple Choice

Examine the outcome of recent spending cuts and the tax hikes on the wealthiest one percent of Americans, instigated by the Obama administration.


A) Middle class Americans benefitted from lower taxes and more jobs.
B) The compromise satisfied few and "kicked the can down the road" for likely repeats every few months.
C) Angry Republicans struck back during the following fiscal cliff, creating gridlock and threatening government shutdown.
D) Democrats were satisfied with the cuts and tax hikes, but Republicans were left with much to explain to their wealthy constituents.

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