Surprise! Pelosi Wants More Tax Revenues
This seems to be the Democrats solution for everything: tax ‘n spend, tax ‘n spend
(The Hill) Pushing back against the Republicans’ deficit-reduction strategy, House Minority Leader Nancy Pelosi (D-Calif.) said this weekend that more tax revenues — not just spending cuts — must be a part of Congress’s effort to rein in deficits.
Pelosi said the tax hikes in the recent “fiscal-cliff” deal are a start, but don’t go far enough to generate the revenues the government needs to run the country effectively.
And there you go, the Democrats idea of “deficit reduction” is to tax the bejesus out of the citizens to make up for the shortfall in absurd government spending levels. They’ve been running roughly trillion dollar deficits every year since Obama was elected, and the Democrat led Senate has failed to pass a budget in all that time. There are really no cuts that the Democrats like, other than destroying the military through reduced funding. In many cases they want the budgeting increased, such as with welfare, medicare, medicaid, food stamps, etc. Giveaways to left wing groups and donors? You betcha!
Without offering many specifics, the California Democrat said she wants to scour the tax code for unnecessary loopholes and “unfair” benefits that help those — either companies or individuals — who don’t need it.
Here are benefits that are “unfair”: all the perks that elected legislators receive yearly. Let’s make them pay for most of their own expenses. It’s a drop in the bucket, but it all adds up. Let’s yank those pensions and health insurance plans away.
To reduce deficits, President Obama and the Democrats want a balanced package that combines entitlement reform with spending cuts and new tax revenues. Republicans, however, are rejecting the notion that new taxes should be a part of the process. They say the tax hikes included in the just-passed fiscal-cliff bill are plenty. Now they want to focus on cutting spending.
What spending cuts and entitlement reform have Democrats offered? They told us that the major programs were off the table. They really offered no spending cuts. During a government shutdown, only “essential” services are kept running (also known as “exempted”). Let’s look at those that aren’t essential and cut cut cut.
Pelosi also took a few shots at Republicans, blaming the rightward shift of their party for the partisanship in Washington’s current political environment. She said the GOP is now “dominated by an element that are anti-government ideologues” who are “committed to not cooperating with this president.”
“It didn’t used to be this way,” she said. “I keep saying to my Republican friends, take back your party. This isn’t the Grand Old Party that did so many things for America, that commanded so much respect. We need a strong Republican Party. This is really the over-the-edge crowd. That’s the way I see it.”
In other words, she wants a party that is open to massive spending and getting steam-rolled by Democrats.
Personally, I had thought he would not resign as long as the left leaning media ignored the story about his
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