Congressman Raul Labrador (R-Idaho) schooled Cokie Roberts on ABC’s This Week on Sunday on a possible debt ceiling compromise. Congressman Labrador said:
“Why is it that compromise always means increasing taxes today and doing cuts in ten years from now?”
This is why Democrats are using Reagan’s legacy to push for a compromise. In Reagan’s two terms, he had to raise taxes 11 times because the Democrats who had control of Congress wouldn’t stop spending. On several occasions, President Reagan agreed to increase taxes with the promise of cutting spending which the Democrats never did.
Great job by the Congressman. Where is President Obama’s plan to cut the deficit??
(Video via Newsbusters)