CNN: Keeping Current Tax Rates is Increasing Government Spending
On Tuesday's Newsroom, CNN tried to spin the proposed compromise between President Obama and congressional Republicans to keep the current tax rates as a ” package that increases spending dramatically .” Correspondents Jessica Yellin and Joe Johns forwarded the liberal talking point that the Republicans were breaking their campaign promise to reduce government spending with this proposal. Yellin appeared with anchor Brooke Baldwin just after the bottom of the 3 pm Eastern hour. After playing a montage of several clips of President Obama promising to “roll back the Bush tax cuts for the wealthiest Americans,” Baldwin stated that “it's not just the President, as we saw in the montage, breaking a promise. It's also- correct me if I'm wrong- the Republicans breaking a promise as well .” The liberal CNN correspondent replied with the faulty concept that letting taxpayers keep more of their income is government spending (thus treating all income as if it belonged to the government): read more
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CNN: Keeping Current Tax Rates is Increasing Government Spending
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on December 8, 2010. Filed under