Scott Brown Watch: Deficits
One day after House Minority Leader John Boehner showed weakness by suggesting he would vote for a tax cut package that excluded those families earning more than $250,000, Brown and the Senate minority rose to the defense of their friends on Wall Street and Easy Street and insisted they were all in for the richest 5 percent who have already received more than their fair share.
Brown, who already rose to the defense of Wall Street by keeping new taxes on banks out of the financial reform law, knows where his friends really are.
A spokeswoman for Brown said yesterday that the Massachusetts senator remains opposed to any measure that does not include tax cuts for those the president wants to leave out: individuals earning more than $200,000 per year and families with income totaling more than $250,000.
“Tax increases will kill jobs and hurt the chances for an economic recovery,’’ Gail Gitcho said.
Keep these positions in mind when he rails about the size of the federal deficit, a deficit that was created from the Clinton surplus through the votes of a Republican Congress to cut taxes by almost $2.5 trillion over the last decade.
Tax cuts that did not benefit the majority of us -- only Brown's Wall Street friends.
Listen to Barack Obama:
“We could get that done this week,’’ he said. “But we’re still in this wrestling match with John Boehner and Mitch McConnell about the last 2 to 3 percent, where, on average, we’d be giving them $100,000 for people making a million dollars or more — which in and of itself would be OK, except to do it, we’d have to borrow $700 billion over the course of 10 years. And we just can’t afford it.’’And then ask Brown a question: Which side of your mouth are the words coming from Scott?