Latest update on the lack of progress for Dems and Republicans to reach a tax deal. Yesterday Democrats of the Super Committee rejected Republicans’ offer to “raise federal tax collections by nearly $300 billion over the next decade.”
Senator Rand Paul exclusively has JUST told Sean that not only are Democrats rejecting offers put on the table, but now they won’t even continue to negotiate and have “walked away from the table…refusing to talk to the Republicans.”
Paul warns the American people that this is all about Obama’s reelection, and the taxpayers livelihood is of no concern to Obama and the Democrats.
Audio verbate: Senator Rand Paul (KY) on the Sean Hannity radio show Nov. 9, 2011:
P:Sean can I make it up to you by giving you a scoop, that maybe people don’t know yet?
S: Yeah what you got it
P: I have news straight from sources close to the Super Committee that the Democrats have walked away from the table and they’re refusing to talk to the Republicans about a deal and they will not counter any offers and basically there’s an impasse and it’s starting to look like they don’t want any deal at all.
S: This was all being telegraphed by Chuck Schumer yesterday, I am sure you saw it on TV
S: They want to say that because Republicans will not raise taxes they are rigid. That we are not going to have a deal on the economy.I think the democrats are just gonna be happy gutting the defense department, which is part of this deal.
P: And the truth is quite the opposite the republicans have offered tax reform that lowers tax rates and closes loopholes.The president talks about millionaires not paying their taxes, we are trying to close some loopholes, but we want to be part of tax reform. We have offered a serious credible offer, but basically they have walked away from the table.
The super committee was a farce from the beginning. They never had any intention of cutting spending. It was a way of gutting the military and grabbing more power.