.png)
Earnest: We’re Not Ruling Out the Option To Raise Taxes by Executive Action
Mar. 3, 2015
HENRY: “Yesterday, you had a question from Bloomberg about executive action on taxes. And some people are interpreting this that you left the door open to the president raising taxes by executive action. Is that possible?”
EARNEST: “Well, Ed, what I will leave open is always the president’s ability to use his executive authority to move the country in the right direction, to expand opportunity for the middle class –“
HENRY: “Raising taxes is moving country forward? I didn’t ask you about moving the country forward or backward. Would the president raise taxes by executive action?”
EARNEST: “Well, Ed, there are laws that are in place that deal with Congress and their power of the purse. And it is Congress’s responsibility to make decisions about the budget. It’s why we have had such an extensive conversation about the Department of Homeland Security. The president has put forward his own tax proposal for how he thinks we can work with Congress to close loopholes that only benefit wealthy and well-connected corporations, and use the revenue that’s generated to invest in the kind of infrastructure that will create jobs and strengthen our economy over the long term. We’ve been very clear about what those policies are. But when it comes to specific steps the president may or may not take, I’m not going to rule anything in or out. This is related to the president’s ability to use his executive authority to do what he thinks is the right thing for the country. That, after all, is what the American people elected him to do. And the fact is we haven’t seen a lot of efficient production out of Congress over the last couple of months. Maybe, however, with the passage of funding for the Department of Homeland Security, maybe they’ve turned a corner.”
Mar. 3, 2015
HENRY: “Yesterday, you had a question from Bloomberg about executive action on taxes. And some people are interpreting this that you left the door open to the president raising taxes by executive action. Is that possible?”
EARNEST: “Well, Ed, what I will leave open is always the president’s ability to use his executive authority to move the country in the right direction, to expand opportunity for the middle class –“
HENRY: “Raising taxes is moving country forward? I didn’t ask you about moving the country forward or backward. Would the president raise taxes by executive action?”
EARNEST: “Well, Ed, there are laws that are in place that deal with Congress and their power of the purse. And it is Congress’s responsibility to make decisions about the budget. It’s why we have had such an extensive conversation about the Department of Homeland Security. The president has put forward his own tax proposal for how he thinks we can work with Congress to close loopholes that only benefit wealthy and well-connected corporations, and use the revenue that’s generated to invest in the kind of infrastructure that will create jobs and strengthen our economy over the long term. We’ve been very clear about what those policies are. But when it comes to specific steps the president may or may not take, I’m not going to rule anything in or out. This is related to the president’s ability to use his executive authority to do what he thinks is the right thing for the country. That, after all, is what the American people elected him to do. And the fact is we haven’t seen a lot of efficient production out of Congress over the last couple of months. Maybe, however, with the passage of funding for the Department of Homeland Security, maybe they’ve turned a corner.”
Follow Larry Elder on Twitter
"Like" Larry Elder on Facebook
No comments:
Post a Comment
Comment Policy:
The author of this blog will attempt to engage in conversation via the comments section whenever possible and recognize the 24/7 nature of the internet. Moderating and posting of comments will occur during regular operational hours Monday through Friday. Comments submitted after hours or on weekends will be read and posted as early as possible, however admins and/or the author is unable to commit to replying to every comment posted.
This is a moderated blog. That means all comments will be reviewed before posting. In addition, it is expected that participants will treat each other, as well as the author and admin, with respect. Comments that contain vulgar or abusive language; personal attacks of any kind will not be posted. Comments that are spam or that promote services or products will not be posted. It is requested that all comments remain on topic.
The Elder Statement blog does not guarantee or warrant that any information posted by individuals on this blog is correct, and disclaims any liability for any loss or damage resulting from reliance on any such information. The Elder Statement blog may not be able to verify, does not warrant or guarantee, and assumes no liability for anything posted on this website by any other person. The Elder Statement blog does not endorse, support or otherwise promote any private or commercial entity or the information, products or services contained on those Web sites that may be reached through links on our Web site.
To protect individual privacy and the privacy of others, please do not include phone numbers, addresses or email details in the body of a comment. Such information will result in removal of a comment.
Thank you for your attention.
The Elder Statement