House Republicans introduce resolution opposing the VAT

House Republicans introduce resolution opposing the VAT

A value-added tax would damage the economy and hamper job creation, House Republicans said Tuesday.

"Several House leaders along with more than 80 other lawmakers introduced a nonbinding "sense of the House" resolution today opposing a VAT on top of the current tax code. The Senate recently approved a similar resolution.

"A European-style VAT will only further the catastrophic cycle of tax and spend government in Washington," House Ways and Means Committee member Wally Herger (R-Calif.) said in a release today.

Herger, Minority Leader John Boehner (R-Ohio), Republican Whip Eric Cantor (R-Va.) and Republican Conference Chairman Mike Pence (R-Ind.) are responding to several recent comments by the Obama administration that the VAT is still on the table as a potential revenue raiser..." House Republicans introduce resolution opposing the VAT

Pence: American Taxpayers Should not be responsible for bailing out Europe

Pence American Taxpayers Should not be responsible for bailing out Europe

“Our country is weary of borrowing and spending and bailouts from Washington, D.C. so the American people deserve to know we are bailing out Greece and future Americans may be picking up the tab for as much as $50 billion in additional loan guarantees for the rest of Europe in the form of a bailout.



“Here's how it works. The European Union's members and the IMF recently pledged $145 billion in the Greek bailout. Forty billion dollars of that came from the International Monetary Fund. Since the United States pays 17 percent, we are the largest contributor to the IMF. American taxpayers are on the hook for $6.8 billion in loan guarantees from the IMF and it may just be a down payment.."

Pence American Taxpayers

Rand Paul Coasting in New Poll

Rand Paul Coasting in New Poll

"Rand Paul phenomenon in Kentucky shows no signs of ebbing tonight - as the Bowling Green opthamologist's double digit lead continues over Secretary of State Trey Grayson. He says his message is behind his 16 point lead.

Paul 49%

Grayson 33%

Stephenson 3%

Martin 3%

Scribner 1%

Undecided 11%

"I come from the Tea Party movement," Paul said Wednesday, "and the tea party movement really feels like government is out of control, that we're being consumed by this debt.".." Rand Paul Coasting in new poll