You’ll note presidential candidate Ron Paul is one of the co-signers of this letter.
By Gary P Jackson
In the United States, our government doesn’t have a revenue problem, it has a spending problem. It has an over regulation problem, and a great many policies that kill jobs.
Proving just how lame even Congressmen considered Conservative have become, here’s a report from Americans for Prosperity®
40 House Republicans Ask Super Committee for Higher Taxes
Late last week, a group of 100 U.S. Representatives sent a letter to the so-called Super Committee urging the handpicked group of twelve legislators to consider “all options for mandatory and discretionary spending and revenues” in order to reach the committee’s goal of $1.2 trillion in deficit reduction over the next ten years. In Washington speak, this is code for raising taxes.
Among this list is 40 Republicans whose capitulation encouraging the committee to raise taxes is troubling. We shouldn’t be surprised to see 60 Democrats seizing on the opportunity to drive a wedge between conservatives intent on restoring economic growth by keeping taxes low and Republican lawmakers who are starting to throw in the towel on keeping pressure on Democrats to cut spending.
We all know that the real driver of long-term deficits is runaway spending on entitlements and big government pet projects. In the past, lawmakers have cut deals that supposedly included both tax hikes and spending cuts. But when you get a few years down the road the spending cuts never materialize and the higher tax rates take a bite out of economic activity. We’re still climbing out of the recession and we cannot afford higher taxes slowing us down.
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