Posted on 08/20/2011 6:51:57 PM PDT by TigerLikesRooster
Aug. 20, 2011, 2:50 p.m. EDT
‘Super committee’ Republican: Simplify taxes
More spending ‘very bad idea,’ tea-party favorite Sen. Toomey says
By Robert Schroeder, MarketWatch
WASHINGTON (MarketWatch) — The 12-member “super committee” tasked with cutting the U.S. budget deficit has a “great opportunity” to simplify the tax code, Sen. Pat Toomey says. What it won’t do, if the Pennsylvania Republican gets his way, is spend any government money in an attempt to boost economic growth.
Spending, the former Club for Growth president said in a phone interview with MarketWatch, is “an artificial way that the government tries to conjure up demand.” That philosophy puts the 49-year-old senator on a collision course with Democrats including President Barack Obama, who suggest that there should be more infrastructure investment. (Democrats are also angling for certain tax cuts, like an extended payroll-tax holiday.)
The bipartisan panel, set up by the deal to raise the U.S. debt ceiling, is charged with coming up with $1.5 trillion in spending cuts by Nov. 23. Toomey, who calls the tea-party movement “very, very constructive” in U.S. politics, said his goals for the committee are significant deficit reduction, and pro-growth policies.
The following is a condensed and edited interview with the freshman senator, a former investment banker who also represented the Keystone State’s fifteenth district in the House for three terms.
(Excerpt) Read more at marketwatch.com ...
P!
Can Boehner say never mind?
Yeah I know he won’t because they’re doing what he wanted.
...we know what the “super committee” is going to say, so it’s a complete waste of time, money and energy in an era when we’re out of all three.
I don’t care what libs say, we can’t spend our way out of debt.
I don’t care what the libs say, raising taxes isn’t going to fix anything.
I don’t care what the libs say, spending more on social programs isn’t going to stimulate anything.
I don’t care what the libs say, cutting the military isn’t the solution.
But get ready for massive media spin when this bunch comes out recommending all the above.
Whose bright Idea was it to give equal power to the Rats? After all WE WON!!
Fed up with both Obama AND Congress? GET IN LINE!
http://www.youtube.com/watch?v=WhkyRZoHlTM
Depends on who the tie breaker is.
“Depends on who the tie breaker is.”
This can’t be good for our side.
Once to come to the realization that the establishment GOP and the Rats are one in the same the easier it is to understand things like this, power sharing and “compromise”
The problem has been identified. Now we have to deal with it.
I can’t imagine that this “super committee” will accomplish anything, because the Democrats have stocked it with hardcore socialists like Clyburn.
“Max Bacus a Dem from deep red Montana is on the committee. I suspect he is the Democrats weakest link”
I really hate these nail biters,Rats are going after the taxes!
“Once to come to the realization that the establishment GOP and the Rats are one in the same the easier it is to understand things like this, power sharing and “compromise”
The problem has been identified. Now we have to deal with it.”
Good Post,We have “house” Cleaning to do!
That’s right. Lots of people don’t realize this move is just like the RINO’s during G.W. Bush’s tenure giving equal power to the Democrats. It was stupid then, and this is every bit as stupid again.
The RINO leadership of the Republicans in Congress keep giving the enemy of this country, the Democrats weapons with which to fight us with, and then they succumb to them rather than fight. It’s so obvious where the RINO’s in the leadership of the Republican party have their allegiance.
Just think, if it weren’t for Bush and Santorum we could’ve had Toomey sooner.
We won the House; we didn't win the Senate.
“Whose bright Idea was it to give equal power to the Rats? After all WE WON!!
We won the House; we didn’t win the Senate.”
Yes, but the money comes from the lower house.
“That’s right. Lots of people don’t realize this move is just like the RINO’s during G.W. Bush’s tenure giving equal power to the Democrats. It was stupid then, and this is every bit as stupid again.
The RINO leadership of the Republicans in Congress keep giving the enemy of this country, the Democrats weapons with which to fight us with, and then they succumb to them rather than fight. It’s so obvious where the RINO’s in the leadership of the Republican party have their allegiance.”
The GOP is useless,We need new people and Agenda driven leadership ,aggressively restoring this country!
right.
ryan’s already said it isn’t going anywhere.
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