Wednesday, June 6, 2012

Bill Clinton Only Said One Thing About The Bush Tax Cuts, And It's The Opposite Of What Everyone's Reporting

CNBC sat down for an interview with Maria Bartiromo, and everyone was eager to see if he would go off message, and undermine Obama again by saying something about Mitt Romney's "sterling" track record or something like that.
Anyway, the headline for the CNBC article on the interview is:
US Already in 'Recession,' Extend Tax Cuts: Bill Clinton
And in the article it says:
However, Clinton did say that Congress would be best off agreeing, at least for the time being, to extend all the tax cuts that are set to expire at the end of the year, including the so-called Bush tax cuts named after Clinton's successor, George W. Bush.
Those across-the-board cuts have been criticized by Democrats who say they were skewed toward upper-income earners.
So because of the headline, people are saying that Bill Clinton backs the extension of the Bush tax cuts, and yes, undermining Obama gain.
Except...
He really doesn't appear to say that at all. He says he'd be fine with an across the board extension, but in fact, the only thing he says about the Bush tax cuts is that they shouldn't be extended permanently, and that Republicans need to yield.

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