Linda Chavez |
And when the Congressional Budget Office determined the GOP numbers didn't add up as claimed, Boehner went back to the drawing board to come up with new ones that delivered what they promised. As of this writing, the vote on the Boehner plan has yet to occur -- but win or lose, the speaker has demonstrated he's willing to lead.But Obama's only contribution to the debt-ceiling debate has been partisan, class-warfare rhetoric. In his televised address earlier this week, Obama blamed Republicans for failing to produce a bill he'd be willing to sign because it would not include a tax rate increase on families and small businesses earning more $250,000 a year. Those Americans already foot the bill for more than 60 percent of all federal income taxes collected in the U.S., despite constituting less than 5 percent of taxpayers. The wealthy pay their fair share and then some.
Even if fairness weren't a consideration, a tax increase at a time when the nation's economy is hovering on the brink of a double-dip recession is a dangerous idea. But it plays well to Obama's political base, which wants someone else to pay for their entitlements. Read full column here: News New Mexico
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