In a statement released Tuesday morning, Sen. Jim DeMint slammed the latest offer by House Speaker John Boehner in the fiscal cliff negotiations.
Some observers have noted that discussions over the fiscal cliff are drawing out a post-election divide among Republicans. In one group are more moderate Republicans, such as Boehner, willing to compromise and meet Democrats for the sake of a deal. In another group, is DeMint and the rest of the South Carolina congressional delegation who are encouraging the GOP to stand its ground on core principles such as tax cuts and spending.
On Sunday, Sen. Lindsey Graham called President Obama's fiscal proposal "a joke."
Here is DeMint's full statement:
"Speaker Boehner's $800 billion tax hike will destroy American jobs and allow politicians in Washington to spend even more, while not reducing our $16 trillion debt by a single penny,” said Senator DeMint. “This isn't rocket science. Everyone knows that when you take money out of the economy, it destroys jobs, and everyone knows that when you give politicians more money, they spend it. This is why Republicans must oppose tax increases and insist on real spending reductions that shrink the size of government and allow Americans to keep more of their hard-earned money.
“Big government is the cause of our debt crisis, not the solution. Washington has a spending addiction that is shackling our children and grandchildren with unsustainable debt. Conservatives fought for a balanced budget amendment last year precisely because we knew the political establishment in Washington would never stop their tax and spend addiction without it. However, if neither party leadership is going to put forward a serious plan to balance the budget and pay down the debt, we should end this charade. We can stop the fiscal cliff with the bill that House Republicans already passed that simply extends the current tax rates and replaces the defense cuts with reductions in wasteful spending.”
Keep up with all of Patch's coverage of South Carolina politics by following us on Facebook HERE and Twitter HERE.
Clearly. Science requires relying on results and facts. GOP economic policy relies on ancient beliefs and mantras.
Tax money that goes into improving the country, improving roads and communication systems, providing health services for the poor and sick, etc. does more to create jobs than low taxes for the users of tax havens and shelters. The country boomed under the Eisenhower tax rates. More recently the economy boomed under the Clinton era tax rates. It has stagnated under the Bush era rates despite pumping millions into the pockets of the very wealthy "job creators". They are not job creators; they are money hoarders. The stock market has boomed over the past couple of years, but has that improved the income level of anyone who is not in upper management?