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After Failed Stimulus, Government Health Care & Record Debt, Obama & McCaskill Push Largest Tax Hike In U.S. History

In 2009, Senator Claire McCaskill (D-MO) joined President Obama in passing an $825 billion “stimulus” that failed to create the promised jobs.  In 2010, McCaskill joined President Obama in passing a $2.5 trillion government health care bill that mandates every American to buy a health care plan – a mandate which 71 percent of Missouri voters rejected at the polls last year.  Two weeks ago, President Obama proposed yet another $400 billion in new “stimulus” spending.

And today, as McCaskill continues to double down on her support of the failed first stimulus and the rest of his tax-and-spend policies, President Obama proposed the largest tax hike in U.S. history – a $1.5 trillion tax increase on investors and small businesses that he says is needed to pay for their reckless spending agenda, which has already driven the federal debt past $14.6 trillion.

  • As a reminder, when she campaigned for the Senate in 2006, McCaskill routinely lambasted Washington’s reckless spending and record deficits, promising to “get a handle on wasteful spending” and “bring to the process, in everything I do in the Senate, a real discipline about making government work more effectively with less money.”

“Under the Obama-McCaskill economic record, America has lost 2.4 million jobs, the federal debt has skyrocketed past $14.6 trillion, government spending has grown to record levels, and the response from Obama and McCaskill is to pass a record tax increase on the backs of Missouri small businesses,” National Republican Senatorial Committee spokesman Chris Bond said today. “It’s painfully clear that President Obama and Senator McCaskill simply don’t get it, but Missourians will have an opportunity to restore common sense and fiscal discipline to Washington by electing a Republican to the U.S. Senate next year.”

http://www.youtube.com/watch?v=PwoKOFgghxI

  • McCaskill: “Well, Clearly, We Are In A Very Difficult Economic Recession. Our Economy Continues To Retract. That’s Why It’s Important That We Have A Leader That Stays Focused On 10 Years Out How We Cut Deficits; How We Cut Taxes For Most Americans; How We, In Fact, Invest In New Jobs For This Country.” (CNN, “Larry King Live,” 3/2/09)

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