Congressman Paul's Texas Straight Talk: Headed Toward the 11th Hour Compromise

RonPaulmedia
2012-12-03 08:16:41
Headed Toward the 11th Hour Compromise "As the year draws to an end, America faces yet another Congressionally-manufactured crisis which will likely end in yet another 11th hour compromise, resulting in more government growth touted as �saving� the economy. While cutting taxes is always a good idea, setting up a ticking time bomb with a sunset provision, as the Bush tax cuts did, is terrible policy. Congress should have just cut taxes. But instead, we have a crisis that is sure not to go to waste. The hysteria surrounding the January 1 deadline for the Budget Control Act�s spending cuts and expiration of the Bush tax cuts seems all too familiar. Even the language is predictably hysterical: if government reduces planned spending increases by even a tiny amount, the economy will go over a �fiscal cliff.� This is nonsense." Click here to read the full article 1.usa.gov/YH5kck
Headed Toward the 11th Hour Compromise
 
"As the year draws to an end, America faces yet another Congressionally-manufactured crisis which will likely end in yet another 11th hour compromise, resulting in more government growth touted as �saving� the economy.  While cutting taxes is always a good idea, setting up a ticking time bomb with a sunset provision, as the Bush tax cuts did, is terrible policy.  Congress should have just cut taxes.  But instead, we have a crisis that is sure not to go to waste. 

 

The hysteria surrounding the January 1 deadline for the Budget Control Act�s spending cuts and expiration of the Bush tax cuts seems all too familiar.  Even the language is predictably hysterical: if government reduces planned spending increases by even a tiny amount, the economy will go over a �fiscal cliff.�  This is nonsense."

 
Click here to read the full article  http://1.usa.gov/YH5kck

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