Betsy McCaughey often updates her
readers on healthcare matters. Yesterday, at
Townhall, she analyzed the consequences
of Congress members who want to keep raising the debt ceiling. Her premise:
"If America wants to spend
like Europe, it must tax like Europe -- and that means large payroll and
value-added taxes on the middle class," says [Manhattan Institute
economist Brian] Riedl.
Ms. McCaughey concludes:
Over the last 25 years, Congress
has hammered out eight laws to control spending. All eight were tied to debt
ceiling hikes.
At stake in this current debt
ceiling struggle is preserving what sets the United States apart from Europe.
In the United States, working
people get to keep most of what they earn and decide how to spend it.
Don't let the Washington pols treat
your paycheck as if it belongs to them.
The full column is here. This might be one issue that might get better results in any upcoming vote -- with a call to your House representative; click here.
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