I had meant to write about the conservatives' justifications for not extending unemployment benefits last week (again) but I forgot. When asked about the debt caused by Bush's tax cuts for the rich, and whethor or not we should turn to the rich now, republican Jon Kyl disagreed:
Nothing is being done to make up for the $1.3 trillion that will mean in lost revenues, but that doesn't bother Kyl. He says tax cuts should be extended for those in the top income bracket as well.
"The money belongs to them," Kyl said. "If we want to extract less from them in the future, we shouldn't have to somehow make that up by finding another way to tax them to 'make it up for Washington.' "
It's nonsense to argue that you should pay for all new spending, but not for tax cuts," said Maya MacGuineas.
Yes, that's total bull, but it's also very revealing.
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