An interview with Rep. Paul Ryan
Dec 15, 2009
http://qa.blogs.reuters.com/james-pethokoukis/2009/12/15/an-interview-with-rep-paul-ryan/
Value-added Tax
The VAT is coming. They just know they can’t do it before the election.
My fear is that the credit markets blow up on us again, we’ll get some shot across the bow by the bond market one of these days.
And if the Democrats are still in power, that will bring us the VAT.
They will say they have no choice but to do it to save the creditworthiness of the government.
It will kind of be like another TARP weekend where the Treasury Secretary and the Fed chairman come to Capitol Hill hyperventilating and out of that comes a VAT.
Our government is premeditating a moment like that.
*** But there is another way ***
with real entitlement reform,
real tax reform,
fulfilling health and retirement security
but also paying off our debts
and making our economy really competitive.
My fear is come January a Republican majority in one or both houses will be pressured to make a grand bargain with Baby Jesus, imaginary spending cuts for a VAT...I hope they are smart and tough enough to shoot it down or a third party will become a reality.
NBC’s David Gregory Calls New Obama Stimulus Push ‘Cynical Politics’
‘Meet the Press’ host asks if the White House was so set on passage of economic proposals, why did they try when it was more feasible?
By Jeff Poor
http://www.businessandmedia.org/articles/2010/20100910150355.aspx
***
Senator: Obama, Congress ‘Intentionally’ Spending to Force Value-Added Tax Implementation
N.H. Sen. Judd Gregg tells CNBC’s Larry Kudlow leaders are ‘trying to run the government into the ditch’ to institute European social welfare model.
By Jeff Poor
http://www.businessandmedia.org/articles/2010/20100910165428.aspx