Tuesday, December 4, 2012

DeMint: Boehner's $800B Tax Hike Will Let Politicians Spend Even More

Conservative Republicans don't like what they're hearing from House Speaker John Boehner, the man in the middle of fiscal cliff negotiations. - CNS

Sen. Jim DeMint (R-S.C.) says Boehner's offer to raise $800 billion in taxes on the wealthy (partly by closing loopholes and limiting deductions) "will destroy American jobs and allow politicians in Washington to spend even more, while not reducing our $16 trillion debt by a single penny.”

..."Washington has a spending addiction that is shackling our children and grandchildren with unsustainable debt," he said. "Conservatives fought for a balanced budget amendment last year precisely because we knew the political establishment in Washington would never stop their tax and spend addiction without it.

"However," DeMint added, "if neither party leadership is going to put forward a serious plan to balance the budget and pay down the debt, we should end this charade. We can stop the fiscal cliff with the bill that House Republicans already passed that simply extends the current tax rates and replaces the defense cuts with reductions in wasteful spending.”