I’ll leave you with this from Philip Klein to put all of the above in perspective: “Democrats have gotten away with promoting the fantasy that the nation can balance the budget by making modest adjustments to spending while protecting 98 percent of the country from tax increases. But they won’t be able to get away with this fairy tale forever. At some point, reality will set in, and the reality is that in order to protect entitlements from major changes, Democrats will have to back massive across the board tax hikes. Let’s see how polls turn out when middle class Americans are asked whether they want to pay significantly higher taxes in order to minimize cuts to entitlement programs, or how they’ll feel when interest rates and inflation are soaring as a result of the national debt.”
Thursday, December 13, 2012
Cavuto cuts off Dem rep when she won’t offer any spending to cut
I’ll leave you with this from Philip Klein to put all of the above in perspective: “Democrats have gotten away with promoting the fantasy that the nation can balance the budget by making modest adjustments to spending while protecting 98 percent of the country from tax increases. But they won’t be able to get away with this fairy tale forever. At some point, reality will set in, and the reality is that in order to protect entitlements from major changes, Democrats will have to back massive across the board tax hikes. Let’s see how polls turn out when middle class Americans are asked whether they want to pay significantly higher taxes in order to minimize cuts to entitlement programs, or how they’ll feel when interest rates and inflation are soaring as a result of the national debt.”
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Spending