Monday, June 07, 2010

Neumann Blames Reagan for Deficit- Praises Clinton for Raising Taxes

During a presentation to the Racine Kiwanis Club in 1996, Republican candidate for Governor Mark Neumann blamed President Ronald Reagan for causing the national budget deficit to balloon. At the same Neumann time credited President Clinton’s 1993 tax hikes for helping to bring the deficit down.


“Reagan and Dole did it, and the Democrats did it! People on both sides of the aisle are willing to do anything to get power in this country, even if means the destruction of our country!”


If the Democrats want to take credit, I don’t care. They raised taxes in 1993 and it brought in more revenue and so the deficit is going down.” (New York Times, November 3, 1996)


Neumann was also critical of the Dole-Kemp Growth Plan which called for reduced spending, requiring the federal budget to be balanced by 2002, and reducing taxes on social security income, capital gains, and individual retired accounts. Many of these same reforms were included in the 1995 Federal Budget Bill, the bill Mark Neumann failed to cast his vote on because he wanted to go hunting.


No one knows how Neumann would have voted on the 1995 budget bill had the vote been scheduled to accommodate his vacation plans. We do know that it didn’t take long for Mark Neumann to join the ranks of “people on both sides of the aisle willing to do anything to get power…”


If you see Congressman Neumann, ask him what he disliked most about Ronald Reagan: his tax cuts or the job growth they created.

1 Comments:

At 8:25 AM, Blogger Grandpa Eddie said...

So Neumann spoke the truth back in '96 about Reagan and his moronic economics and just now you berate him. Is that because he's running against a fool not unlike Reagan and his voo-doo economics? I have to give him credit for having the balls to tell the truth.

Reagan drove this country into debt with his massive tax cuts, and when he realized that he didn't have the money for his insane Star Wars defense he raised the taxes on those who could least afford it....the middle class(which was already dwindling) and the working poor.

You all talk about how much Doyle increased the budget and taxes(27%), but you seem to forget that it was your precious Scott Walker, the guy who quit school, who raised taxes and increased the budget of Milwaukee Co 35%.

 

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