Former President Bill Clinton has got some 'splaining to do.
After going off-message from President Barack Obama – and most of his party – earlier this week by suggesting that Congress would extend the Bush-era tax cuts for everyone and appearing to praise Mitt Romney's business record, Clinton has begun to backtrack, claiming he just didn't have his facts straight.
Is the former president an asset or a liability for the Obama campaign? Erin Burnett discusses his role with John Avlon, Margaret Hoover, and Michael Waldman.
Clinton didn't have anything to apologize for, regarding what he had said. The GOP took one statement which reflected the frustrating fact that it would be easier for Obama to let the GOP get their way a little bit longer, in order to get GOP approval for more crucial legislation, similar to what Obama arranged with the GOP during the 2010 lame duck session.
The unfortunate truth is that America needs the tax cuts for the 99% extended, in order to continue the recovery, but cannot afford the tax cuts for the wealthy anymore now than we could in '01 or '03. If all of Congress were to do what they are obligated to do, and follow their oaths of office, they'd put policy first and politics last.
What Congress should do with the Bush tax cuts is determine the income threshold for which extending the tax cuts **will pay for itself**, and the level at which extending the cuts would add more to the deficit than would be paid for. To play it on the safer end, find the median income level for which the tax cut is 75% paid for, then pass legislation that would extend the tax cuts for those whose income is below that median income level for which the tax cut is 75% paid for and terminate it for all above that threshold.
I'm new to the CNN blog thing... so please help me out with this...Is moderation of my blog the same thing as censorship of my comments by the media? That's an interesting, and somewhat disheartening twist... Freedom of the press = oppression of the people?
Sure it adds up. I believe all that have spoken out and continue to speak out on Obama's failures and retract the next day know exactly what they are doing. Makes me happy to see the real truth coming to a head.
Erin, I was impressed with your interview of Chris Van Hollen. You looked very frustrated just like the GOP dealing with the Democrats. You asked very good questions, and got the same old talking points from Hollen. You have discovered that Dems don't have answers, just talking points.
Notify me of new comments via email.
Erin Burnett OutFront airs weeknights at 7 p.m. ET. Designed to showcase Erin's unique style--casual, smart, and confident--OutFront stays ahead of the headlines, delivering a show that's in-depth and informative.
Get every new post delivered to your Inbox.
Join 476 other followers