MSNBC’s Chuck Todd Continues to Distort Tax Deal’s ‘Astronomical’ Cost

MSNBC's Chuck Todd on the December 7 “Daily Rundown” was uncharacteristically heated in his opposition to the compromise between President Barack Obama and congressional Republicans on extending the Bush tax rates. Interviewing a Treasury Department official, Todd used flawed statistics to malign the proposed two-year extension of tax breaks for all families as unacceptably expensive. “The cost of this is astronomical though,” proclaimed the NBC Political Director. “The payroll tax cut means essentially borrowing from the Social Security trust fund to do this temporary payroll tax. I mean, it's 120 billion, that's a lot of money!” [Video embedded after the page break.] read more

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MSNBC’s Chuck Todd Continues to Distort Tax Deal’s ‘Astronomical’ Cost

Posted by on December 7, 2010. Filed under News, Video. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry