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Do Sens. Snowe and Collins want to extend Bush tax cuts with bogus claim they "pay for themselves?"

by: Gerald Weinand

Mon Jul 19, 2010 at 16:00:00 PM EDT

The tax cuts that greatly favored extremely wealthy Americans are set to sunset at the end of this year, and of course many Republicans want to see them extended. They do this with the claim that they "pay for themselves," but as Pat Garofalo makes clear, that claim is utter bullshit.

Minority Leader Mitch McConnell, Sen. John Kyl, Senate hopefuls Mark Rubio and Carly Fiorina, have all stated that "tax cuts pay for themselves."

Since neither of Maine's senators, Olympia Snowe and Susan Collins, talk to me, perhaps someone in the Maine media will ask them what their position on renewing the Bush tax cuts is (both senators voted for the measure in May 2001.

Gerald Weinand :: Do Sens. Snowe and Collins want to extend Bush tax cuts with bogus claim they "pay for themselves?"

Tags: Bush Tax Cuts, Susan Collins, Olympia Snowe, (All Tags)

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Do Sens. Snowe and Collins want to extend Bush tax cuts with bogus claim they "pay for themselves?" | 2 comments

Collins to oppose $100 million for Maine (0.00 / 0)

MPBN will be reporting later today that Sen. Susan Collins will vote against an extension of Medicaid payments, unless there are matching cuts elsewhere in the Federal budget.

Maine is expected to receive about $100 million in such payments.

Of course, the blockage of such payments has a direct impact not only on Maine's budget, but on people living in poverty, many of them children.

by: Gerald Weinand @ Mon Jul 19, 2010 at 14:04:18 PM CDT