Qtec
08-07-2010, 04:02 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> <span style='font-size: 17pt'>Asked multiple times, Cantor can’t name a single thing he would do to reduce the deficit.</span>
Earlier this week, House Minority Whip Eric Cantor (R-VA) admitted what many of his Republican colleagues will not: that extending the Bush tax cuts for the wealthiest two percent of Americans will “dig the hole deeper” when it comes to the deficit. But that hasn’t changed Cantor’s desire to spend $830 billion to extend the cuts anyway. But if the tax cuts were actually extended, how would Cantor go about reducing the deficit? Today, Robert Barbera, chief economist of Mount Lucas Management — who seems sympathetic to extending all of the Bush tax cuts himself — asked Cantor three times what he would do to get the long-term budget deficit under control if the cuts were extended. “Excuse me, do you have any proposals about out-year cuts in entitlement expenditures?” he asked. The results were predictable:</div></div>
read on (http://thinkprogress.org/2010/08/06/cantor-nothing/)
Earlier this week, House Minority Whip Eric Cantor (R-VA) admitted what many of his Republican colleagues will not: that extending the Bush tax cuts for the wealthiest two percent of Americans will “dig the hole deeper” when it comes to the deficit. But that hasn’t changed Cantor’s desire to spend $830 billion to extend the cuts anyway. But if the tax cuts were actually extended, how would Cantor go about reducing the deficit? Today, Robert Barbera, chief economist of Mount Lucas Management — who seems sympathetic to extending all of the Bush tax cuts himself — asked Cantor three times what he would do to get the long-term budget deficit under control if the cuts were extended. “Excuse me, do you have any proposals about out-year cuts in entitlement expenditures?” he asked. The results were predictable:</div></div>
read on (http://thinkprogress.org/2010/08/06/cantor-nothing/)