July 21st, 2011, Fairfax, VA—Americans for Limited Government President Bill Wilson today urged the U.S. Senate to reject a $3.1 trillion tax increase proposed by the so-called “Gang of Six”:
“The ‘Gang of Six’ proposal will increase taxes on job creators to the tune of $3.1 trillion, precisely the last thing this weak economy needs to get moving again and create jobs. House Speaker John Boehner expressly rejected any tax increase in exchange for a debt ceiling vote, making the ‘Gang of Six’ proposal dead on arrival in the House. The Senate should not even waste its time.
“Senators should instead vote for the only proposal on the table that balances the budget, avoids a credit downgrade, and does not include tax increases, meanwhile saving $5.8 trillion over the next ten years, and that is the ‘Cut, Cap, and Balance Act’.”
“Gang of Six Plan: A $3.1 Trillion Tax Hike,” Investor’s Business Daily, July 20th, 2011 athttp://www.investors.com/NewsAndAnalysis/Article/578924/201107201854/Gang-Of-Six-Plan-DC-At-Its-Worst.htm
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