GOP Lawmaker Slips Up, Admits Tax Cuts Will ‘Increase The Debt’
OPS_admin | Jul 29, 2010 | Comments 0
At the end of the year, President Bush’s tax cuts are set to expire. President Obama and many Democrats in Congress favor extending those tax cuts for the middle class. But Republicans — seemingly not worried about the $700 billion cost — want tax cuts for the rich included as well.
Rep. Devin Nunes (R-CA) seems to be one of those Republicans. But when C-Span host Steve Scully asked the California Republican about the tax cuts issue on Washington Journal this morning, Nunes went slightly off message:
SCULLY: Tax cuts, do they increase the debt or do they spur economic growth?
NUNES: Well, I think that they increase the debt. If you let them expire at the end of the year we’re going to have a huge, the largest tax increase in American history.
Nunes drifted back on message later, saying that the deficit is “going to grow” if all the Bush tax cuts expire. But when asked why, he couldn’t provide any specifics. “Because it’s going to throw the economy into a tailspin,” he said. Watch it:
Full Story: Think Progress » GOP Lawmaker Slips Up, Admits Tax Cuts Will ‘Increase The Debt’.
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The oligarchs openly talking about a coup d'état in America?
Multi-millionaire lobbyist Grover Norquist is calling for the impeachment of President Obama. In an interview with the right-wing National Journal - Norquist warned that if President Obama wins re-election and decides to let the Bush tax cuts for the top 2% expire at the end of the year - then Republicans will "have enough votes in the Senate in 2014 to impeach [him]."What does that mean? It means that the super rich in America - and their political operatives like Norquist in Washington, DC - have now compared a tiny tax increase on the wealthy to high crimes and treason - the only Constitutional basis Congress can use to impeach a President. It sounds like the oligarchs are now openly talking about a coup d'état in America.-Thom(Do you think will try it? Tell us here.) -
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