The Democrats Super Committee Myths
Obama And Dems Wanted It To Fail
Democrats are unanimous in charging that the debt-reduction super committee collapsed because Republicans refused to raise taxes. That myth i.e. lie is easy to disprove. Barack Obama and the Democrats though want America to believe it. Their only chance for winning in 2012 is to lie to America.
Here are some facts to disprove this lie:
Senator Tom Coburn last year signed on to the Simpson-Bowles tax reform that would have increased tax revenues by $1 trillion over a decade.
During the debt-ceiling talks, Speaker John Boehner agreed to an $800 billion revenue increase as part of a Grand Bargain.
Super committee member Senator Pat Toomey, a Club for Growth Republican, proposed increasing tax revenues by $300 billion as part of $1.2 trillion in debt reduction.
The Republican proposals raise revenues, despite lowering rates, by opening a gusher of new income for the Treasury in the form of loophole elimination. For example, the Toomey plan eliminates deductions by $300 billion more than the reduction in tax rates “cost.” Result: $300 billion in new revenues.
Regarding the super committee, Obama was AWOL — then immediately pounced on its failure by going on TV to repeat his incessantly repeated campaign theme of the do-nothing (Republican) Congress.
Obama ignores this inconvenient fact: It is the Republicans who passed, through the House, the only branch of government they control, a real budget that cut $5.8 trillion of spending over the next 10 years. Obama’s February budget, which would have increased spending, was laughed out of the Senate, voted down 97-0. As for the Democratic Senate, it has submitted no budget at all for two and a half years.
It isn't the Republicans who do nothing. It is Obama and the Democrats who refuse to do anything unless they can raise taxes which they know will further destroy our economy. They know the Republicans won't accept their tax increases.
Obama can't run on his record. He and the Democrats are making false accusations i.e. lies to make a false platform to run on.
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