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

In 2009, Senator Debbie Stabenow joined President Obama in passing a $825 billion “stimulus” that failed to create the promised jobs. In 2010, Stabenow joined President Obama in passing a $2.5 trillion government health care bill that mandates every American to buy a health care plan. Two weeks ago President Obama proposed yet another $400 billion in new “stimulus” spending.

And today, 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 driven the federal debt past $14.6 trillion.

“Under the Obama-Stabenow 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 Stabenow is to pass a record tax increase on the backs of Michigan small businesses,” National Republican Senatorial Committee (NRSC) spokesman Jahan Wilcox said today. “With Michigan’s unemployment rate at 11.2 percent and ticking upward, it’s painfully clear that President Obama and Senator Stabenow simply don’t get it, but Michiganders will have an opportunity to restore common sense and fiscal discipline to Washington by electing a pro-growth, pro-jobs individual to the U.S. Senate next year.”

MUST WATCH FLASHBACK

Barack Obama In 2009:
“You Don’t Raise Taxes In A Recession”