‘Lost Revenue’ for Government in Tax Rate Deal Distresses NBC’s Williams and Todd
Brian Williams adopted a liberal framework as he opened Monday's NBC Nightly News by declaring “it’s a fair question to ask and for a while now Americans have been wondering how lawmakers in Washington could possibly extend tax breaks for wealthy Americans while allowing benefits for jobless Americans to be cut off.” Then, after Chuck Todd outlined the Obama-GOP compromise to maintain income taxes at their current rates for two years while extending unemployment benefits and implementing a temporary reduction in the payroll tax, Williams fretted the deal contradicts how “the fight has been over anything in government that isn't paid for,” yet, as Todd despaired in filling in Williams’ regret, “none of this is paid for. In terms of lost revenue for the government next year, it's $450 billion.” read more
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‘Lost Revenue’ for Government in Tax Rate Deal Distresses NBC’s Williams and Todd
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on December 7, 2010. Filed under