CNNMoney Misrepresents Rep. Mike Pence’s Opposition to Tax Cut Deal
If you only read CNNMoney.com's Dec. 17 attack on the tax cut deal you might think that Congressman Mike Pence, R-Ind., opposed extending the Bush-era tax cuts because of the cost. But that's not the case. CNNMoney senior writer Chris Isidore wrote the article: “Costliest stimulus, weakest payoff” attacking the tax deal Congress passed. Using the Congressional Budget Office (CBO) figures, Isidore complained that it would cost $858 billion – accepting the liberal assumption that tax cuts are a “cost.” He even misused comments made by Pence to support his liberal claims. After describing tax cuts as an inefficient way to grow the economy, Isidore wrote, “And at a price tag of almost $900 billion at a time when the national debt is sky high, the proposal is considered a pretty big risk. That's why even some Republicans who like the idea of lower taxes are opposing the bill.” read more
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CNNMoney Misrepresents Rep. Mike Pence’s Opposition to Tax Cut Deal
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on December 21, 2010. Filed under