Sunday, July 10, 2011

President Obama: Getting to keep your tax money is "spending"

 What do you do is Republicans don't want to raise taxes? You redefine taxes as spending.
...Now, there are obviously real differences in approach. I believe we need a balanced approach. That means taking on spending in our domestic programs and our defense programs. It means addressing the challenges in programs like Medicare so we can strengthen those programs and protect them for future generations. And it means taking on spending in the tax code — spending on tax breaks and deductions for the wealthiest Americans.

1 comment:

John Scotus said...

So when he talks of wanting to hold down "spending", he is not interested in holding down government spending, but taxpayer spending.
Given the shape of the American economy, I'd say mission accomplished.