What did we overspend on?
Government austerity in the middle of a recession or fragile recovery is dumb.
Sounds like the democrat answer to fix the economy is to raise taxes. I notice, though, that they are careful to word it as "extending tax cuts" instead of directly saying that they want a tax increase. Why is that?
Funny, they want to extend the Bush tax cuts that they were so against when they were proposed. What gives?
Heck, they've done such a great job with the economy since 2006, and especially the last two years with Obama guiding the ship.
"Resist, we much. Weï»¿ must, and we much. About that, be committed."
I'm talking about the current battle over the Bush tax cuts of 8 to 10 years ago. The democrats want to increase taxes, the republicans want to keep them as they are now.
From what I remember, the only way the the republicans were able to get the current tax cuts passed the democrats was to include an expiration date. I believe it was so close that V.P. Cheney had to cast the deciding vote. So yes, it was a republican bill, but no, they did not want the rates to expire.
It also should be noted that the democrats have had both houses for four years and could have extended the