Rep. Hensarling Can't Explain Why Republicans Won't Vote for Middle Class Tax Cuts
From this Wednesday's Starting Point, Republicans aren't doing a very good job defending themselves for wanting to keep most Americans and our economy hostage to retain those tax cuts for the richest among us: GOP Rep. Has No Answer For Why Republicans Won’t Vote For Middle-Class Tax Cuts:
Rep. Jeb Hensarling (R-TX), the incoming chairman of the House Financial Services Committee, could not explain during an interview on Wednesday why House Republicans are holding middle- and low-income tax cuts hostage to the cuts for the wealthiest Americans in the fiscal cliff showdown. When pressed by CNN’s Soledad O’Brien, Hensarling first cited complaints about spending, but when O’Brien asked why he couldn’t set spending levels aside and compromise on taxes first, he had nothing but unrelated talking points: [...]
Hensarling’s invocation of Speaker John Boehner’s (R-OH) proposal is not only not an answer to O’Brien’s question — as it doesn’t explain what’s wrong with the simple solution O’Brien poses — but it’s also not anything close to balanced. While Boehner’s plan contains an array of draconian spending cuts, it doesn’t propose any actual increased revenue, relying instead on the same voodoo as the Romney tax plan.
As Zack noted, his analysis on the electoral math is also wrong and irrelevant.
Full transcript below the fold.
