Tuesday, February 23, 2010

Rep. Fattah Proposes Tax To Pay Down National Debt

What's the Democrats solution to paying down the national debt that they've helped create by spending more money than the government takes in? Raise taxes, of course.

Congressman Chaka Fattah (D-PA) today introduced legislation that calls for a penny on every dollar on transactions in the United States economy to be directed to eliminating America's national debt.

I guess it never occurred to Fattah or any other Democrat to just stop spending or cut taxes to jump-start the economy.

Read more about Fattah's tax hike plan below:

America: A Debt Free Future

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