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Categorized | Senate News Briefing

President’s Call for Tax Hikes ‘Counterproductive,’ McConnell Says

‘A bipartisan majority of lawmakers rejected the kind of tax hike on small business that President Obama endorsed today, and it was counterproductive of him to revive it. Americans want policies that will create the right climate for job creation — and that means cutting Washington spending, not squeezing family budgets even more than they already are.’

Washington, D.C. – U.S. Senate Republican Leader Mitch McConnell made the following statement Wednesday regarding the President’s speech on our nation’s unsustainable debt:

 

“After two years of adding trillions to the debt and ignoring our nation’s looming fiscal nightmare, the President dedicated a significant portion of his speech today looking elsewhere for a culprit. But while he may want to blame others for the problems that reckless borrowing and spending have caused, the American people are well past the point of believing that Washington will be able to make good on all its promises and that entitlement programs will be strong and solvent if Democrats are allowed to raise taxes.

 

“Americans know that we face a fiscal crisis not because we tax too little, but because Washington spends too much. They do not support the reckless Washington spending of the past two years that has left us with record deficits and debt, and they will not support raising taxes to preserve an unsustainable status quo. A bipartisan majority of lawmakers rejected the kind of tax hike on small business that President Obama endorsed today, and it was counterproductive of him to revive it. Americans want policies that will create the right climate for job creation — and that means cutting Washington spending, not squeezing family budgets even more than they already are. Both parties have agreed to make a down payment on that effort with a bill that will cut billions in spending this year, and Congressman Paul Ryan has followed that up with a serious proposal to cut trillions more.”

 

About Tom White

Tom is a US Navy Veteran, owns an Insurance Agency and is currently an IT Manager for a Virginia Distributor. He has been published in American Thinker, currently writes for the Richmond Examiner as well as Virginia Right! Blog.

Tom lives in Hanover County, Va and is involved in politics at every level and is a Recovering Republican who has finally had enough of the War on Conservatives in progress with the Leadership of the GOP on a National Level.

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    Tom White Says:

    Nothing is more conservative than a republican wanting to get their majority back. And nothing is more liberal than a republican WITH a majority.

    Check out NewsMax!

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