Official and independent budget estimates show that letting tax rates spring back to pre-Bush levels for all taxpayers would bring the country within striking distance of meeting President Obama's goal of balancing the budget, excluding interest payments on the debt, by 2015. (Washington Post, 9/21/10)
What the Washington Post won’t write is the truth: Obama went on a massively wasteful spending spree and now wants to raise taxes to pay for it.
So Much for Non-Partisanship
Here is Katrina vanden Heuvel writing about Republicans in the Washington Post (9/15/10) in a column entitled: Enough with the Partisan Posturing.
Rep. John Boehner (R-Ohio), the perpetually tanned Republican leader, has laid out the Republican plan: Keep tax rates where they are and cut $100 billion in spending next year. This can only add rubble to the ruins. Beyond that, Republicans have no common plan other than obstruction. Their default position is defined by the special interests that have long dominated Washington.
Here is vanden Heuvel in the same article:
Obama has been eloquent on this in the past. In his Georgetown University "Sermon on the Mount" speech last year, he argued that we can't recover to the old economy that was built on debt and bubbles -- and should not want to. We have to build a "new foundation" for the economy with investment in world-class education, in research and development, in a 21st-century infrastructure. Transition to new sources of energy will help secure a lead in the green industrial revolution. Curbing financial speculation and balancing our trade, so we make things in America once more, are essential. To enact this project, Washington will have to free itself from the destructive grip of powerful corporate lobbies.
Vanden Heuvel writes with all the insight of a first semester political science major.
More on that Republican Agenda
Thanks to the grass roots, Republicans have a slate of candidates who believe in constitutional, limited government. We will balance the budget, repeal the unconstitutional health-care takeover, create a predictable tax and regulatory environment in which businesses can create jobs, and restore a sense of fairness to the economy. This platform stands in stark contrast to the Democrats' record. They have racked up trillions in debt on bad legislative bets, picking winners and losers in almost every major market sector. Their policies created turmoil and uncertainty, not prosperity. (Jim DeMint, R-SC, Washington Post, 9/20/10)
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