Man, I get sick to death of so-called "journalists" letting these Republicans come on the air and repeat unchallenged the lie that the expiration of the Bush tax cuts will affect a great deal of small businesses.
Worse, they repeat endlessly an even bigger lie: that those tax cuts are going to create jobs. If they were going to create jobs, why did we have the worst record on job creation already under Bush? Wolf Blitzer, do your job, dammit.
Republican "Young Guns" Eric Cantor and Kevin McCarthy get asked some questions that might be half-way hard hitting if there was any follow up after they answered them, but of course we got zero from Blitzer. Pitiful, but typical, and tiresome. If these fools knew how to the the "economy back on track" it would have been on track when Bush left office.
CNN... the network where we pretend to be unbiased reporters and do almost zero reporting other than fake balance he said/she said bullpucky and chase ambulances. Every once in a while you get some decent stuff from this network, but not too often.
BLITZER: President Obama's returning today to one of his favorite lines of attack against Republicans. We heard him just a short while ago in the Rose Garden over at the White House accusing the GOP of holding middle-class tax cuts hostage because they want to extend Bush-era tax breaks for the wealthiest Americans.
And joining us now from Capitol Hill, two members of Congress. Eric Cantor, he's the number two Republican in the House of Representatives, and Kevin McCarthy, he's a Republican of California. They are two of the three authors of a brand new book entitled "Young Guns: A New Generation of Conservative Leaders." The third author, Paul Ryan, unfortunately, couldn't be with us. We'll talk to him on another occasion.
Congressmen, thanks very much for coming in. Congressman Cantor, I want to start with you. In the end, if it comes down to getting the tax rates continued, the current tax rates for the middle class, for about 97 or 98 percent of the American people, those earning less than $250,000 a year, and not able to continue to the tax rates for the richer Americans, will you, like John Boehner, go along with that proposal?
CANTOR: Wolf, the situation here in Washington in the U.S. House is this. We have a bipartisan majority in support of the position that says we ought not be raising taxes on anybody, especially in a recession.
I mean, we need jobs right now. We know that over two-thirds of the jobs come from small businesses. The problem with allowing taxes to go up right now is you're going to tax the very people that were expecting to put their money to work to create jobs.
The House Democrats, Wolf, have continued to say that they're going to look to the Senate to go first on this bill. We know as well, yesterday, senators Lieberman and Webb joined Senator Conrad, senators Bayh and Nelson, saying, we don't think we ought to raise taxes on anybody.
They joined the president's former budget director, Peter Orszag, saying, now is not a time to raise taxes.
So I think what we can see again is a bipartisan majority saying, Speaker Pelosi, bring a bill to the floor that staves off tax increases period until we can get the economy back on track.
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