This morning, the Washington Times editorial staff targets House Speaker Nancy Pelosi for her inabilty to be truthful with the American people she’s supposed to represent;<\/p>\n
She claims – demonstrably incorrectly, it turns out – that the Bush tax cuts \u201cat the high end\u201d were \u201cthe biggest contributor to the budget deficit.\u201d As evidence, Mrs. Pelosi asserted that a Congressional Budget Office (CBO) report \u201cwhen the Republicans had control of the Congress\u201d demonstrated that these tax cuts for the upper income earners were primarily to blame for the deficit.<\/p>\n
But when PolitiFact, the fact-checking service run by the St. Petersburg Times, looked closely at Mrs. Pelosi’s claims, her story fell apart. For one thing, the CBO report didn’t exist. The speaker’s office told PolitFact that the information had come from a left-liberal advocacy group called the Center on Budget and Policy Priorities. The CBPP prepared a chart using CBO numbers which purported to show that tax cuts were responsible for almost half of the costs of new legislation between 2001 and 2007. But that hardly proved Mrs. Pelosi’s point, because it lumped together tax cuts for all income groups – not just those for the higher-income taxpayers. <\/p><\/blockquote>\n
I went to the article at Politifact<\/a> and they’re much more harsh on Pelosi’s selective use of diluted facts;<\/p>\n
All of this indicates that Pelosi is mistaken. Although the wealthy did get big benefits from the Bush tax cuts, their benefits did not outweigh those of everyone else put together.<\/p>\n
Maya MacGuineas, president of the bipartisan nonprofit group Committee for a Responsible Federal Budget, said there are three major contributors to the worsening budget picture presented by the Congressional Budget Office: tax cuts, the Iraq war, and the economic downturn.<\/p>\n
“Within the tax cuts, the largest numbers went to the middle class, and those are the tax cuts that are most likely to be extended,” she said. “I don’t see how you could read the numbers to say otherwise.”<\/p><\/blockquote>\n
Kinda like the other day when she said her new bloated, costly and unnecessary SCHIP bill will insure 11 million children<\/a>. The New York Times<\/a> says it’s 4 million. And it’s all kids whose parents should be paying for the insurance and not the rest of us tax payers. It includes families that make 300% of the poverty baseline income, which according to the Census Bureau (.pdf<\/a>) is about $65,000 for a family of four.<\/p>\n
But, that’s all fine. Can you imagine what’ll happen to the Democrat Congress when they can’t fix the economy raising taxes on the most productive Americans and increasing funding on wothless social programs by November of next year. They don’t have Republicans to blame, they have to actually start producing results and they’re all on their own. Lie your wrinkled ass off, Nancy.<\/p>\n","protected":false},"excerpt":{"rendered":"