U.S. Rep. James Lankford’s absolute opposition to any tax strategy locks in place the irresponsible and immoral trifecta of G.W. Bush’s first term: Backed by a Republican-controlled House and Senate, President Bush launched two foreign wars and cut taxes, rather than levy a tax to pay for the wars. Mr. Bush inherited a balanced budget […]
The Debt Deal
Posted inNews
Calling Rep. Lankford
The $1.5 trillion is for deficit reduction, not just spending. Lankford obviously prefers groveling on his knees before the tea party loons and signing demagogic anti-tax pledges, but the inescapable reality is that tax revenues are 6.2 percent of GDP below what they were in 2000 (the lowest level since the 1940s), with 47 percent […]