Tony Perkins, Family Research Council, relates B. Hussein Obama's plans to seduce the GOP by dangling tax cuts while pushing the biggest spending plan in the history of the United States.
Obama's Stimulus: A Cut Above?
When Congress convenes tomorrow after its long winter's nap, plenty of work awaits them. The President-elect, who touched down in Washington this weekend, is ready to open the New Year with an economic bang. Topping Obama's to-do list is a near-$1 trillion stimulus plan, which, in part, aims to bail out states from their budget shortfalls by throwing money at local infrastructure and education. The plan, a subject of today's meeting between the 44th President and Democratic leaders, has received mixed reviews from the very governors the proposal seeks to help. Some leaders seem eager to accept Uncle Sam's charity. Others, like Govs. Rick Perry (R-Texas) and Mark Sanford (R-S.C.), believe Obama's stimulus will do more harm to the economy than good. Among other things, Capitol Hill doesn't have the money to cover the roughly $1 trillion expense. Instead, leaders would be forced to grow the national debt, something it simply cannot afford to do after borrowing its way out of the Wall Street crisis. Then, of course, there's the matter of personal responsibility. Despite the recession, state leaders dug themselves into this financial hole by reckless spending. Today, the President-elect is hoping to attract Republican support by sweetening the deal with $300 billion in tax cuts. At this point, we don't know how the tax cuts will be presented--whether in a separate House bill or as a portion of the stimulus package. The details have not been released, and the lack of transparency speaks volumes. To call for such colossal spending without detailing what our tax dollars are funding is completely irresponsible. FRC will forcefully advocate that families are represented in the proposed tax cuts. President Bush did an admirable job promoting pro-family tax policies through his per child tax credit and marriage penalty relief. Easing Americans out of this crisis should include making the Bush tax cuts permanent.
Additional Resources
The Wall Street Journal: Governors Against State Bailouts
Posts
