Tom Daschle was against tax cuts, but voted for it any how...must be up for re-election. From the Washington Times:
Senate Minority Leader Tom Daschle, a South Dakota Democrat in a close re-election race, criticized the bill because its $146 billion value is not offset in any way, but in the end, he supported it."This bill is far from where it ought to be," he said, concluding later that it will help middle-class families so, "in spite of its flaws, it deserves our support."
"No one wants to vote against tax cuts — especially 40 days before an election," a Senate Republican aide said.
Lets not forget that Daschle said tax cuts cause recession. Here is David Limbaugh's response to that lack of economic wisdom:
Instead of heeding his own admonition that "No amount of hot rhetoric will get the economy back on track," Sen. Daschle said that President Bush's tax cuts, only a small part of which have been implemented, are responsible for the recession. Bush, he said, precipitated the "most dramatic fiscal deterioration in our nation's history" by pushing through the 10-year tax cut last year. Even Daschle's colleague, Sen. Feinstein, isn't letting him get away with this canard. "Over a trillion dollars of that tax cut has not yet gone into effect. The impact of the tax cut has not yet been felt, so I don't think it worsens the recession at all," she told CNN.Daschle's assertion also conveniently ignores that the recession began before any of the tax cuts went into effect and the devastating economic impact of Sept. 11. More importantly, it ignores common sense and history, which say that tax cuts, especially modest and largely deferred ones, are not likely to retard the economy.
Today's strong economy proofs Daschle was wrong about the Bush tax cuts. Today Daschle's stupidity about economics was over ridden by his political smarts.
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