Drudge posts another hoax (get ready)

[babylonsister]

http://thinkprogress.org/2007/03/27/drudge-posts-another-hoax/

Drudge posts another hoax.

Matt Drudge is currently linking to a “fact sheet” produced by the Republican Budget Committee claiming that the new House budget plan “represents the ‘largest tax increase in American history.’” It’s not true. As the Center on Budget and Policy Priorities notes:

Consistent with the Pay-As-You-Go requirement that all tax cuts and entitlement increases be paid for, the plan assumes the same level of revenues over the 2007-2012 period as projected by the Congressional Budget Office under its current-policy baseline; the baseline essentially assumes no change in current laws governing taxes. … harges that the plan requires multi-hundred-billion dollar tax increases are not correct.




http://www.speaker.gov/blog/?p=185
The Democratic Budget Does Not Raise Taxes
March 27th, 2007 by Office of the Speaker

A Republican Budget Committee document, highlighted by conservative media with no scrutiny, has contended that the Democratic budget we are considering in the House this week raises taxes on the American people. In fact, they claim it proposes the largest tax increase in U.S. history. The following projections of adjustments to federal revenues or, in other words, the additional taxes levied on the American people, can be found on page 113 of the budget:

The amounts by which the aggregate levels of Federal revenues should be adjusted are as follows: $0

The Democratic budget does not raise taxes and makes middle-class tax cuts a priority. It also seeks to enhance revenues by going after the “tax gap” – the difference between taxes owed and taxes collected – and by cracking down on waste, fraud, and abuse in government programs.

[Roland99]

1. Yeah, like the tax cut expirations will be called tax hikes

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=515976&mesg_id=515976

[lpbk2713]

2. The Sludge Report

.... aptly named.