Senator Ron Johnson Exposes Obama’s “Frugal Budget”

rjheadshot 1 240x300 Senator Ron Johnson Exposes Obama’s “Frugal Budget”

I mentioned yesterday that Senator Johnson of Wisconsin did a good job at the Senate Budget Committee’s hearing on tax reform. Today, I want to elaborate on two of his points.

First, he asked all three of the witnesses what the maximum marginal tax rate on any American should be. The two leftists on the panel, Len Berman and Diane Lim Rogers, hemmed and hawed because they (correctly) smelled a trap. But the Senator persisted and Len said something in the range of 45 percent and Diane said 70 percent-80 percent. This matters because recent polling data shows that the vast majority of Americans don’t want any of their fellow citizens to ever pay more than 30 percent.

Most Republicans aren’t smart enough to focus on arguments that are simultaneously economically sound and politically effective, so kudos to Senator Johnson.

The Wisconsin lawmaker also hit hard on the notion of phony spending cuts, a point near and dear to my heart (as you can see by these interviews with Judge Napolitano and John Stossel).

I touched on this yesterday, but I want to share a chart that Senator Johnson used during the testimony. As you can see, Obama’s budget doesn’t call for any budget cuts.

Read More at Dan Mitchell’s blog.

Related posts:

  1. Senator Mike Lee (R-Utah) Interviewed At CPAC 2012 1,000+ days without a budget and no resolution in in…
  2. Obama’s 2013 Budget: A Monument To Irresponsibility Financial Ruin: What do you call a budget that boosts…

Do you have $25,000 in your IRA or 401(k)? This "Loophole" in IRS Code lets you move your savings to gold ... get this NO-COST Info Guide >

Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>