FOR IMMEDIATE RELEASE:
July 26, 2011
Who STILL Wants Tax Hikes? President Obama & His Chairman, Tim Kaine
Henrico, VA – After President Obama’s speech last night it is clear there are only a handful of Washington Democrats still calling for massive job-killing tax hikes on Americans. Two of them are former Democratic National Committee Chairman Tim Kaine and President Barack Obama.
This weekend, in his Daily Press op-ed, Chairman Kaine echoed President Obama’s belief that the only way to solve our spending problems is with a “balanced approach” that increases taxes on the very people we’re counting on to create jobs and get the economy growing again. (Daily Press, 7/24/11)
But even the New York Times reported that recent studies show tax hikes do four times more damage to economic growth than do spending cuts. (New York Times, 7/17/11)
In contrast, George Allen, in a Daily Press op-ed published the same day as Chairman Kaine’s, called for short-term and long-term solutions that will force Washington to live within its means with reforms like meaningful spending cuts, enforceable caps and a Balanced Budget Amendment to the Constitution.
“As top advocate for the Washington’s explosive spending policies that made annual trillion dollar deficits the norm, it’s not surprising that Chairman Kaine is the one of last Democrats still standing with President Obama on massive tax hikes,” said Bill Riggs, Allen campaign spokesman. “Job-killing tax increases and more government spending won’t solve our debt crisis, it will only jeopardize jobs and hurt an already anemic economy. It’s clear that Chairman Kaine would be a Senator for President Obama and his Washington allies, while George Allen would be a Senator for Virginia.”
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