Clinton Tells Obama His Plan Won't Work

Foxnews is reporting that Bill Clinton stated raising his taxes won't solve the current economic problem.
 
Both sides in the debate on job growth and deficit spending are claiming an ally in Bill Clinton, the multimillionaire former president who has declared his willingness to pay more in taxes, but said that it won't help get the economy moving.

Clinton, in interviews over the weekend, touted President Obama's $447 billion jobs package as a smart move. But speaking with Newsmax, he criticized the president's deficit-reduction plan, which calls for $1.5 trillion in tax hikes to be collected by raising the rates on people making $200,000 or more and adding an additional calculation for people making more than $1 million.

"It's okay with me. I'll pay more. But it won't solve the problem," Clinton said, adding that the country shouldn't deal with increased taxes or spending cuts "until we get this economy off the ground."

Clinton also said that Obama "knows perfectly well the Republicans aren't going to be for" a debt-reduction package that raises taxes. He said he would advise Obama and House Speaker John Boehner to "go work it out. Meanwhile, focus on putting America back to work now, because it just confused Americans."

Following the interview, House Republican Leader Eric Cantor said he hopes Obama will "heed" Clinton's advice
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Todd Eachus DisIngenous About Lowering Taxes

The picture above is a campaign flyer mailed out by the Pennsylvania Democratic State Committee is support of the re-election of House Majority Leader Todd Eachus. It is not factual.

In this Pittsburgh Tribune-Review article written by Brad Bumsted on June 17, 2009 Todd Eachus stated he supported raising our income tax. His failed leadership led to the 101 day budget impasse last year.

Rendell proposed the $1.5 billion tax hike at Westinghouse Electric Co.'s new headquarters in Cranberry, saying the state needs to raise the tax rate to 3.57 percent to avoid deep cuts to education, health care and social services.

Two key House Democratic leaders back the governor's plan, giving Rendell a shot at garnering support in the chamber's dominant caucus. House Majority Leader Todd Eachus of Luzerne County and House Appropriations Chairman Dwight Evans of Philadelphia support the proposed income tax hike, their press secretaries said.

"Our members have been talked to. We laid out the situation to them," Evans said. "It's never easy when you are talking about raising taxes. The answer is, yes, it can be done. It's going to take a lot of work."