Thursday, January 06, 2011

CNNMoney Misrepresents Rep. Mike Pence's Opposition to Tax Cut Deal

If you only read CNNMoney.com's attack on the tax cut deal you might think that Congressman Mike Pence, R-Ind., opposed extending the Bush-era tax cuts because of the cost. But that's not the case.

CNNMoney senior writer Chris Isidore wrote the article: 'Costliest stimulus, weakest payoff' attacking the tax deal Congress passed. Using the Congressional Budget Office (CBO) figures, Isidore complained that it would cost $858 billion - accepting the liberal assumption that tax cuts are a 'cost.'"

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