Out of Touch: Democrats Ignore Jobs & Gas Prices, Focus on Tax Hikes
Even though gas prices have doubled on President Obama’s watch and unemployment remains far too high, the president will be on the road this week touting his so-called Buffett Tax Hike -- a political gimmick that will do nothing to help create new jobs or lower soaring gas prices.
This is yet another example of the “Obama Gap.” While families and small businesses are struggling with high gas prices, the president will be promoting a tax hike The Atlantic says “has little practical value” and “wouldn’t make a dent in the nation’s deficit problem.” One Fox Business correspondent says “it would just be another jobs-killer.”
“This is yet another proposal from Democrats that won’t create a single job or lower the price at the pump by a penny, but may have the opposite effect,” said Senate Republican Leader Mitch McConnell (R-KY). In fact, another tax hike being pushed by the Democrats running Washington would – according to the nonpartisan Congressional Research Service (CRS) – make gasoline even more expensive.
But Democrats think pushing tax hikes will “give them an additional political advantage” this year, says the Washington Examiner. Senator Chuck Schumer (D-NY) says Democrats will “keep pushing this issue all year long.”
That should tell you something about their priorities: Senate Democrats haven’t offered a budget in three years -- but they’ll “keep pushing” political tax hikes that won’t create jobs or lower gas prices?
Congressman John Boehner and Republicans, on the other hand, have passed several American Energy Initiative bills to address high prices and create new jobs. These bills would remove government barriers to energy production, stop policies that drive up costs, and promote a real “all of the above” strategy.
“Republicans have a jobs plan — and a budget — that cuts spending, fixes our tax code, addresses excessive regulations and expands American energy production through projects like the Keystone XL pipeline,” said Congressman Boehner. You can see a list of House-passed energy bills here and learn more at jobs.GOP.gov.