Tax and Appropriations

More Bad News for Norquist

Looks like another high profile Republican is speaking out against Grover Norquist’s tax pledge.  According to the preview of the Parade magazine article coming out this Sunday, former President George H.W. Bush doesn’t believe the Americans for Tax Reform’s pledge is the answer to bringing down our deficit:

Hoyer Discusses Health Care Reform Repeal Vote, Extension of Middle Class Tax Cuts on Bloomberg Television's "In The Loop"

For Immediate Release:

July 11, 2012

Contact:

Daniel Reilly, 202-225-3130

Office of the Democratic Whip Steny H.</p />
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Hoyer Discusses Republican Attempts to Repeal Health Care Reform on “Fox & Friends”

For Immediate Release:

July 11, 2012

Contact:

Katie Grant, 202-225-3130

Office of the Democratic Whip Steny H.</p />
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Hoyer Discusses Republican Attempts to Repeal Health Care Reform on “Fox & Friends”

“The Republican party continues to pursue its message and not substance. This is the 31st time we've voted on repealing the health care bill and it's the 31st time that it will fail. Everybody knows that the President is committed to it – he’s not going to sign that bill if it passes; but they also know the Senate is not going to pass that bill.  It's about politics and not policy.

Hoyer Statement on President's Call to Extend Middle Class Tax Cuts

For Immediate Release:

July 9, 2012

Contact:

Katie Grant, 202-225-3130

Office of the Democratic Whip Steny H.</p />
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When We Make It In America, America’s Families Will Make It Too

For Immediate Release:

July 9, 2012

Office of the Democratic Whip Steny H.</p />
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Hoyer Delivers Speech on Democrats’ Make It In America Plan

For Immediate Release:

July 9, 2012

Contact:

Katie Grant, 202-225-3130

Office of the Democratic Whip Steny H.</p />
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Chart of the Day: GOP Plan for Deficit Reduction

This chart from a Dartmouth survey explains the Republican plan to achieve deficit reduction – more specifically, it points out why they don’t have one.  As Slate points out, there’s “no Republican support at a grass-roots level for any measure that would lead to substantial deficit reduction.”

"Panic Time": Republicans Breaking Ranks With Grover

Yesterday’s meeting with Grover Norquist to keep Republicans in the fold came as more and more Republicans are starting to admit that we can’t face our fiscal challenges without putting revenues on the table. Our favorite recap, courtesy of TPM:

Bearing the Economic Burden

Who would receive the greatest benefit under Republicans’ tax plan? Not low and middle-income Americans, according to a new analysis by Citizens for Tax Justice. According to their report, under the Republicans’ tax plan the poorest 20 percent of Americans would receive an average tax cut of $120 while the richest one percent would receive an average cut of $70,790.