Thursday, July 14, 2011

instaPoll: Do you support the President's call to increase taxes as a way to address our national debt?

Congressman Randy Forbes
On May 16, 2011, the government officially reached the debt ceiling, or the level imposed by Congress on how much national debt the U.S. can carry. Despite reaching this threshold, stronger than expected tax revenues have extended the government's borrowing authority through August 2, 2011. The Administration cannot raise the debt ceiling without permission from Congress and so for the past several months, congressional leaders and Administration officials have conducted negotiations to determine the size and scope of spending cuts necessary for Congress to agree to lift the debt ceiling. Recently, the Associated Press reported that the Administration is seeking to not only raise the debt ceiling, but also to raise taxes on small business owners and potentially low- and middle-income families. Instead of raising taxes on those who can least afford it and on those most likely to create jobs, I remain committed to a plan that includes serious and immediate cuts in spending, institutes permanent federal spending caps, and passes a requirement for Congress to balance the federal budget by spending no more than revenues allow.

Question of the Week: Do you support the President's call to increase taxes as a way to address our national debt?

(  ) Yes
(  ) No
(  ) Other (share your thoughts on my blog here).
(  ) I am unsure.

Take the poll here.

Find out the results of last week's instaPoll here.
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