Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

Jim McBride (Network for Progress) takes on Rush Limbaugh

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
1,919
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Oct 1, 2011

Limbaugh, as usual, is lying. The American Jobs Act contains no tax increases, and substantial tax cuts for employers in general, employers hiring veterans, employers hiring the unemployed, and individual workers.

Repeating: It contains no tax increases.

That said, Obama has proposed paying for the Act in separate legislation currently (as of Sept. 2011) being developed by a bi-partisan, bi-cameral deficit reduction task force. And Obama's suggestions do include adjusting "tax expenditures" to eliminate certain deductions for the wealthiest Americans.

But the Jobs Act itself has no tax increases. Of course, one can object to the legislation on grounds that "it isn't paid for" and will increase the deficit. But if we're going to go there, then we should look at all discretionary deficit spending including the Bush tax cuts, and budgets for the DoD, DEA, FBI, EPA, INS, ATF, FDA, etc.

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 0 dislikes

Link to this comment:

Share to:
see all

All Comments (1)

Sign In or Sign Up now to post a comment!
  • Rush calling anyone a partisan hack is rich; he is the king of partisan hackery.

  • Rush calling anyone a 'partisan hack' is rich; he is the king of partisan hackery.

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more