Jordan: Where Are the President’s Spending Cuts?
|Rep. Jim Jordan|
So where are the spending cuts the president claims to support? The tax rate increase he wants on small businesses – which Ernst & Young says will destroy 710,000 jobs — would only pay for 8 days of government spending. The federal government is on track for a 5th straight year of $1 trillion deficits. Americans deserve to know what President Obama plans to do about it.
Will it be the $20,000 tax hike per family he has proposed? If so, I shudder to think of the impact on our economy.
Tags: Jim Jordan, Republican Study Committee, President Obama. Where ar the spending cuts To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!