What does Nancy Pelosi want to do in her first week if she is the new Speaker of the House?
Day One: Put new rules in place to "break the link between lobbyists and legislation."
Day Two: Enact all the recommendations made by the commission that investigated the terrorist attacks of Sept. 11, 2001.
Time remaining until 100 hours: Raise the minimum wage to $7.25 an hour, maybe in one step. Cut the interest rate on student loans in half. Allow the government to negotiate directly with the pharmaceutical companies for lower drug prices for Medicare patients.
Broaden the types of stem cell research allowed with federal funds — "I hope with a veto-proof majority," she added in an Associated Press interview Thursday.
How's she going to pay for all that? Yep...big shock...she's going to raise taxes!
To do that, she said, Bush-era tax cuts would have to be rolled back for those above "a certain level." She mentioned annual incomes of $250,000 or $300,000 a year and higher, and said tax rates for those individuals might revert to those of the Clinton era. Details will have to be worked out, she emphasized.
"We believe in the marketplace," Pelosi said of Democrats, then drew a contrast with Republicans. "They have only rewarded wealth, not work."
It amazes me that they can still propagate this bold-faced LIE that only the rich got tax cuts under the Bush Administration.
But, then, this is their mantra. This is how they do things.
Haven't they figured out yet that it doesn't work?
William Smith
ConservativeBlogger.com
