Nancy Pelosi: Tax Cuts are Spending

RUSH: Yesterday in Washington, Capitol Hill press briefing, Nancy Pelosi… PELOSI: (whispering) Tax cuts are spending. “Tax expenditures,” they are called. Subsidies for Big Oil, subsidies to send jobs overseas, breaks to send jobs overseas, breaks for corporate jets, they are called tax expenditures. Spending money on tax breaks. And that’s the spending that we … Continue reading Nancy Pelosi: Tax Cuts are Spending