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New post on *Scotty Starnes's Blog*
<http://scottystarnes.wordpress.com/author/scottystarnes/> Democrats
Propose Trillions in Tax Hikes to Continue Their Spending
Spree<http://scottystarnes.wordpress.com/2011/10/26/democrats-propose-trillions-in-tax-hikes-to-continue-their-spending-spree/>by
Scotty Starnes <http://scottystarnes.wordpress.com/author/scottystarnes/>
Yes. The word is trillions. Instead of ending their spending spree that has
already caused one credit downgrade on top of another looming downgrade,
Democrats want to raise taxes by the TRILLIONS.
The
Hill<http://thehill.com/blogs/on-the-money/budget/189845-supercommittee-head-hopeful-deadline-can-be-met>reports:
Democrats on the congressional supercommittee this week presented
Republicans with a plan to cut the deficit that included billions of dollars
in stimulus spending, aides told The Hill.
In a private meeting of the deficit panel Tuesday, Sen. Max Baucus
(D-Mont.), chairman of the Senate Finance Committee, presented a proposal
backed by a majority of Democrats on the panel that *includes more than a
trillion dollars in tax increases*. The revenue would partially cover
stimulus spending for the economy, aides said.
*More than 50 percent of the deficit reduction in the plan would come from
tax increases*, one source said.
Basically the Democrats will continue to spend. Where is their budget for
the past two years? Where is their plan to cut their spending by 50%,
instead of raising taxes on Americans? That's tax and spend liberals for
you.
The plan from Democrats approaches the $3 trillion in deficit reduction that
was included in the "grand bargain" that lawmakers debated over the summer.
Paul Ryan had a plan that cut $4 trillion and the Senate Democrats voted it
down. Remember Cut, Cap and Balance? This move by the Democrats is just
political. Like Obama, they know Republicans want to cut spending and will
vote against raising taxes to continue this Democratic spending spree.
Continue
reading>>><http://thehill.com/blogs/on-the-money/budget/189845-supercommittee-head-hopeful-deadline-can-be-met>
*Scotty Starnes
<http://scottystarnes.wordpress.com/author/scottystarnes/>*| October
26, 2011 at 7:59 PM | Tags: deficit
reduction <http://scottystarnes.wordpress.com/?tag=deficit-reduction>,
Democrats <http://scottystarnes.wordpress.com/?tag=democrats>, tax
hikes<http://scottystarnes.wordpress.com/?tag=tax-hikes>| Categories:
Political
Issues <http://scottystarnes.wordpress.com/?cat=35145> | URL:
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