- (Photo: Reuters / Joel Page)
Donald Trump has offered strong criticism to the Republican Party after negotiations to avoid the fiscal cliff were concluded on the first day of the New Year.
President Obama and the Republican Party were forced to make a last minute compromise Tuesday just before midnight to avoid the fiscal cliff. The compromise however, was unsatisfying to many, including Donald Trump, who made his opinion clear on Twitter.
Just short of denouncing himself as a Republican, the businessman had a number of things to say about his party's ability to negotiate terms.
"Obama and the Democrats are laughing at the deal they just made...the Republicans got nothing!" Trump wrote in one of his early tweets. "I am a Republican...but the Republicans may be the worst negotiators in history!"
Trump responded on his Twitter just after the deal was confirmed on Tuesday night. On Wednesday morning, he continued his rant expressing his disappointment over the deal.
"This is a terrible deal for the country and an embarrassment for Republicans!" Trump wrote.
Other Republicans and Democrats alike also agreed that the deal was unsatisfactory. Erskine Bowles and Alan Simpson, who headed a deficit commission for Obama, said the deal missed out on a "magic moment" in exchange for a "small step."
"The deal approved today is truly a missed opportunity to do something big to reduce our long term fiscal problems, but it is a small step forward in our efforts to reduce the federal deficit," the two men said in a statement to NBC News.
Conservatives have also criticized the bill, stating that it fails to make a large impact in the deficit. The agreement will cut taxes for middle class families, but "raise wages and investment profits for households pulling in more than $450,000 a year," The Washington Post reported.
In addition, it will preserve some benefits to low income families and cut spending within the Pentagon and other agencies.