Hoyer: Extending tax cuts for the wealthy a 'mistake' that would worsen debt

[cal04]

http://thehill.com/blogs/on-the-money/domestic-taxes/110595-hoyer-extending-tax-cut-for-the-wealthy-a-mistake

In a speech on the economy and jobs, House Majority Leader Steny Hoyer (D-Md.) on Friday reiterated his party’s call to extend the Bush middle-class tax cuts and deemed Republicans’ call to extend breaks for the wealthy a “mistake would be putting ourselves even deeper into debt.”

“Republicans claim that we can’t afford $34 billion for the unemployed, but then, in the same breath, they demand $676 billion in debt-finance tax cuts for the wealthy,” he said.

(snip)
The Tax Relief Coalition earlier today blasted the PAYGO rule in the context of extending tax cuts for the wealthy.

“Unyielding adherence to paygo virtually ensures that every discussion of tax policy becomes mired in the rhetoric of class warfare,” it stated in a letter sent to Congress on Friday.

(snip)
“Over eight years of President Bush, our economy added just 1 million private-sector jobs —versus 21 million under President Clinton,” Hoyer said. “And it was President Bush who ran $2.13 trillion in deficits and wiped out the biggest surplus in American history.”

[MiniMe]

1. Wasn't he for the tax cut last week?