Republican Tax Plans Hit Snag in Senate
By MARY DALRYMPLE
AP Tax Writer
WASHINGTON
The GOP's tax cut agenda hit a snag Thursday when the tax-writing Senate Finance Committee, lacking enough Republican votes, postponed debate on $78 billion in tax reductions...
(Olympia) Snowe isn't the only moderate Republican to voice concerns about passing tax cuts this year. Sen. George Voinovich of Ohio, another Republican moderate, said he will vote against tax cuts because the government is accumulating too much debt and the economy does not need stimulation through tax reductions right now.
"It is time to recognize a simple fact of life," Voinovich said. "Contrary to what some of my colleagues seem to believe, tax cuts do not pay for themselves."
AP Tax Writer
WASHINGTON
The GOP's tax cut agenda hit a snag Thursday when the tax-writing Senate Finance Committee, lacking enough Republican votes, postponed debate on $78 billion in tax reductions...
(Olympia) Snowe isn't the only moderate Republican to voice concerns about passing tax cuts this year. Sen. George Voinovich of Ohio, another Republican moderate, said he will vote against tax cuts because the government is accumulating too much debt and the economy does not need stimulation through tax reductions right now.
"It is time to recognize a simple fact of life," Voinovich said. "Contrary to what some of my colleagues seem to believe, tax cuts do not pay for themselves."
Yours truly opines: People like Voinovich is the reason why I don't give money to the national GOP; there's no way in H-E-Double Hockey Sticks that I would want my money to be used to help elect guys (and gals) like Voinovich.
posted by Andy W. Rogers | 11:12 PM
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