Democratic and Republican Parties: The Fool’s Folly - Las Vegas Democrat | Examiner.com
“Legislation is the Art of Compromise” Senator Harry Reid Nov 3, 2010
On the right side of the aisle, Republicans and Tea Party winners say the deficit is too big and we need to cut it, then they say in the next sentence we must extend all the Bush tax cuts including those for the rich and not just the middle class, which will add $700 billion to the deficit that they just said we must cut.
The Bush tax cuts over the past ten years were unfunded and added $1.4 trillion to the deficit, extending them will again add to the deficit because they are still unfunded, and just as Republicans didn’t care that they were unfunded ten years ago, they still don’t care that they are unfunded now and will again add to the deficit.
Before the election President Obama was pounding away on how the Bush tax cuts would add $700 billion to the deficit and how we must end the tax cuts for the rich but maintain them for the middle class. Today the White House is saying we are willing to compromise on the extensions for the rich and made no mention that it would add to the deficit.
COMPLETE ARTICLE HERE:
No comments:
Post a Comment