Congressional Leadership Fund: “Where”
The Congressional Leadership Fund blames Rep. Lois Capps (D-CA) for more spending and higher taxes, citing the Affordable Care Act, a cap-and-trade bill that never became law, and the Recovery Act. But it was the recession and Bush-era policies like tax breaks for the wealthy that are really responsible for creating driving up deficits, and Capps recently voted to bring in an additional $1 billion in revenue by ending the cuts for top earners. The Affordable Care Act, which reduces the deficits, offers tax credits for middle-class families and for small businesses, and the cap-and-trade bill Capps voted for would have boosted the economy with minimal impact on consumers’ energy costs. Meanwhile, the Recovery Act cut taxes for 95 percent of working families and helped stave off an even greater recession.Read more after the jump.