Is this why Sen. Gregg refused to be O’s Commerce Secretary? Sen. Gregg notes the lies in O's?
Budget..entitled, ironically, “A NEW ERA OF FISCAL RESPONSIBILITY AOL News ^ | March 13, 2009, 8:02am | Sen. Dave Gregg points out blow by bl...
Budget..entitled, ironically, “A NEW ERA OF FISCAL RESPONSIBILITY
AOL News ^ | March 13, 2009, 8:02am |
Sen. Dave Gregg points out blow by blow the HYPOCRISY riddled through Obama’s Budget entitled ironically, “A New Era of Fiscal Responsibility.”
Gregg writes, “The argument that this budget doesn’t have tax increases is, I think, an Alice and Wonderland view of the budget.”
-Raising the tax rate from 35% to 42%, eliminating deductions on mortgages and on charitable deductions. Small businesses will be feel the burden the most.
-“Cutting the debt in half in four years is truly spurious, because you take the deficit and quadruple it, and then you cut it in half, that’s like taking four steps back and two steps forward. You’re not making any progress. You’re still going backwards.”
-Raising “a massive sales tax, a national sales tax on everybody’s electric bill, especially people in the Midwest and the Northeast. And what do you do with that revenue? You don’t use it to contain the size of government. You use it to expand government.
"There’s a representation that 80 percent of the first billion is going to go for your make-work-pay tax credit, but the next 20 percent goes to raise the size of the government.
And then on top of that you’re going to get another 0 billion potentially, and there’s no representation of that coming back to taxpayers."
"In fact, there’s specific language which makes it pretty clear that that’s going to be used as walking around money for various constituencies that are interested in spending it."
"They may be worthwhile constituencies, but it’s a heck of a tax burden to put on the American people.
And it represents a massive expansion in the size of government.
I guess that’s my big problem here."
ooops, I got Gregg’s first name wrong…. but I think you know about this man…. smile..
yet, its AOL… because the major news networks have been discredited as purveyers of lies..
HAM O BAM A
for the record: obama’s goons approached Gregg…… then lied to cover their behinds since obama can’t stand to loose….ego-centric