Today's Roundup of Taxpayer News!
The wrangling over budget cuts, tax increases, and raising the debt ceiling continued today in Washington - but throughout the nation citizens rallied for "Cut, Cap, & Balance," contacting lawmakers to urge support for the measure.
Those efforts are having an impact as Senate Minority Leader Mitch McConnell (R-KY) signed on as a co-sponsor to the Cut, Cap, & Balance bill, adding another key voice to the effort. These positive developments are critical as votes begin on "Cut, Cap, & Balance" reform legislation next week.
USA Today published an in-depth article on who exactly would be on the receiving end of the plethora of tax proposals floating around in this debt ceiling debate. NTU's Pete Sepp weighs in to explain the perils of going down the path of taxing the "so-called rich."