We’re being crushed under trillions in debt and this battle-axe says we don’t have a spending problem. How do we lose elections to these morons?
House Minority Leader Nancy Pelosi (D-Calif.) said that the looming sequestration is “a bad idea all around” and called for a balance of spending cuts and closing tax loopholes in order to avoid it.
“It is almost a false argument to say we have a spending problem. We have a budget deficit problem that we have to address,” she told Fox News’s Chris Wallace on Sunday.
The Democratic House leader said she backed a “big, bold proposal,” to curb long-term spending, and, short of that, a plan that ended subsidies for large oil companies and eliminated loopholes in the tax code.”It isn’t as much a spending problem as much as it is priorities,” she said at another point, arguing that tax subsidies were a better target than cuts to programs such as education.
“Nothing brings more moned to the Treasury of the United States than investment in education of the American people, so we have to recognize that,” she said.
You know what brings more money into the Treasury than anything? Tax cuts. A recent poll showed 83% of Americans think spending is the problem. Pelosi clearly is in the minority.