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Democrat Leaders Refuse Serious Spendings Cuts, Propose Tax Hikes Instead | Missouri Political News Service

Democrat Leaders Refuse Serious Spending Cuts, Propose Tax Hikes Instead

March 9th, 2011 by mopns · No Comments

This afternoon, the Senate will be voting on competing budget plans for the rest of the current fiscal year, the House Republicans’ bill, which cuts $61 billion in spending, and the Senate Democrats’ plan, which cuts only $4.7 billion.

Yet there are a few Democrat senators who seem to understand just how inadequate the proposal from their leaders is. The Hill reports, “Sen. Claire McCaskill said Wednesday that she’ll vote against her party’s deficit reduction plan when it comes up for a vote today.” And TPM reports, “‘More cuts, more cuts,’ Sen. Claire McCaskill (D-MO) shouted to reporters when asked what she wanted to see from the President on the budget talks.” Sen. Ben Nelson (D-NE) told The Wall Street Journal, “It was a little light on cuts.” And yesterday Sen. Joe Manchin (D-WV) blasted the Democrat bill, saying it “utterly ignores our fiscal reality.” Manchin added, “[W]e must turn our financial ship around, but the Senate proposal continues to sail forward as if there’s no storm on the horizon.”

But Democrat leaders seem to be suggesting the next step is not getting serious about spending cuts. Rather, they’re advocating for tax hikes in the middle of a recession. Politico writes today, “Sen. Chuck Schumer (D-N.Y.) stepped into the budget negotiations fray Wednesday daring Congress to hit the ‘reset button’ and consider tax hikes alongside spending cuts if they’re serious about reducing the deficit.” Democrat leaders have already proposed a “minivan tax” of $40 billion in new taxes on energy producers at a time when the average price of a gallon of gas has surged past $3.50.



Tags: Senator McCaskill

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