Monday, November 15, 2010

Bush Tax Cuts or Lower Deficits, pick one, you can’t have both - Las Vegas Democrat | Examiner.com

Bush Tax Cuts or Lower Deficits, pick one, you can’t have both - Las Vegas Democrat | Examiner.com


After the trouncing the democrats in the House took earlier this month in the General Election, little is expected to get accomplished during the lame duck session that starts today. But one issue that is certainly to become the main focus will be whether or not to let the unfunded Bush Tax Cuts for the rich expire as originally planned ten years ago by Bush and his Republican congress who enacted the giveaway.

The unfunded tax cuts which are set to expire December 31, 2010 at midnight added $2.5 trillion to the national debt over the ten years. Republicans in 2001 and 2003 said that the tax cuts would lower our deficit and our debt, but had the complete opposite affect.

"There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can't get fooled again." —President George W. Bush, Nashville, Tenn., Sept. 17, 2002

Bush was wrong again, those same Republicans are telling you that they want to extend the unfunded Bush tax cuts for the rich and make the cuts permanent, and they again say this will lower our deficit and our national debt, again. The Tea Party and Republican base who seem to like cutting the tip of their noses off are saying, Fool me once, fool me again, and again and again and again.


COMPLETE ARTICLE AND VIDEO HERE:

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