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January 27, 2009

Obama: 'No compromise' on Tax Cuts

Huh. This new era of bipartisanship and cooperation is starting to look pretty one-sided, isn't it?

President Barack Obama rolled into the Capitol with a clear message for Republicans Tuesday afternoon: Hes happy to talk, but hes not compromising on tax cuts.

Obama was ready for the House Republicans to pounce, telling them: "Feel free to whack me over the head because I probably will not compromise on that part [tax cuts], according to two sources in the room.

One conservative House Republican who attended the hour-long closed door session was asked if Obama was winning any votes: "Nope. He said he won't compromise on more tax cuts. All form - not substance."

House Republicans pelted Obama for more than 30 minutes with questions about deficits, taxes and spending, according to sources inside the private meeting. Rep. Kevin Brady (R-Texas), won applause from his GOP colleagues when he asked the president whether he would promise that the stimulus would not be an excuse to raise taxes or increase spending. Rep. Dave Camp (R-Mich.), asked Obama for common ground on taxes in the $825 billion package and was rejected.

Obama's reason for opposing tax cuts?

The deficit.

No, really. The same guy who wants to spend billions of dollars on useless crap like this, but takes an uncompromising stand when it comes to actually letting taxpayers keep more of what they earn.

Total cost of "stimulus" package per American family? $10,520.

This video from our friends up north does a good job illustrating what Obama's economic plans will mean for your pocketbook:


Spending + unwillingness to cut taxes = Canada.

More [ace]: I also addressed this in updates to the last post.

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posted by Slublog at 02:36 PM

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