Democrats in Congress are pushing forward with a budget that promises a big surplus down the road but also allows the tax cuts pushed by the president in his first term to expire. The budget battle could impact personal pocketbooks.
Watch my KY3 News @ 10 story here, which pits Republican Congressman Roy Blunt versus Springfield Democrat Doug Harpool in a battle over budget priorities.
"Essentially the Democrats assume that all of the tax changes of the last 6 years be allowed to go away," said Rep. Blunt.
"What they know is most of the savings from their tax cuts go to the wealthiest few," said Harpool.
Blunt said this budget includes the largest tax increase in American history -- $400 billion dollars.
Blunt said it would increase the average Missouri family's tax bill by $2,200 a year.
"I think now that message is getting very old, it's getting very monotonous. I think there are a lot of people in Southwest Missouri who now doubt the longstanding claim of the Republican party that they are fiscally conservative," Harpool replied.
1 comment:
The demos should be very careful about raising taxes or allowing the tax cuts to expire. It is true most of the tax cuts went to the wealthy, just as it is true that the rich pay most of the taxes, however when average families who make 50K get their taxes raised, there will be a race to the ballot box to chase these class warriors out.
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