Extending the Bush tax cuts, which are set to expire at the end of the year, would cost $678 billion over ten years, according to Fox News' Chris Wallace.
Wallace asked Jon Kyl on "Fox News Sunday": "At a time Republicans are saying that they can't extend unemployment benefits unless you pay for them, tell me, how are you going to pay that $678 billion to keep those Bush tax cuts for the wealthy?"
Responded the Arizona senator: "You should never raise taxes in order to cut taxes. Surely Congress has the authority, and it would be right to -- if we decide we want to cut taxes to spur the economy, not to have to raise taxes in order to offset those costs. You do need to offset the cost of increased spending, and that's what Republicans object to. But you should never have to offset cost of a deliberate decision to reduce tax rates on Americans."
White House press secretary Robert Gibbs Tweeted this in response to the comments: "Kyl says wealthy need big Bush tax cuts while middle class families are on their own to fend for themselves as a result of Bush economy."
http://www.cbsnews.com/8301-503544_162-20010306-503544.htmlIf the modern-day Republicans had a JFK, he would say:
"Ask not what your country can do for you, but ask what you can do for the wealthy!"
How many things will the Republicans cut just to ensure that the wealthy stay happy?