McConnell: Richest Americans ‘Hit Hardest’ by Recession (Video)

September 14, 2010

(ChattahBox Political News)—Senator Mitch McConnell (R-KY) knows which side his bread is buttered on. Yesterday the Minority Leader delivered an impassioned speech on the senate floor, supporting tax cuts for the richest Americans. He reminded his colleagues that our country has been hit hard from a deep recession. And who in America has been suffering the most? The rich. What about the poor and middle class who have lost their homes, lost their jobs and are now making weekly trips to food banks to feed their families? You know, the same people who Republicans have attacked as lazy hobos. No, sorry. According to McConnell, people making over $250,000 a year are “the people who’ve been hit hardest by this recession.”

McConnell made his plea to extend tax cuts for the wealthiest top 2 percent of Americans, as he introduced a bill extending the soon to expire, Bush tax cuts across the board. Extending tax cuts for the rich will not stimulate the economy and will add $700 billion to the deficit. But the GOP is planning to hold a tax cut for the middle class hostage, to ensure the rich also pay lower taxes.

McConnell delivered his remarks in the wake of Rep. John Boehner’s (R-OH) statements over the weekend that he would vote for a middle class tax cut that excluded the rich, if that’s all the Republicans could get. McConnell quickly came out with a statement throwing cold water on Boehner’s olive branch to Democrats, declaring he would filibuster any attempts by senate Democrats to extend tax cuts only for the middle class. Boehner’s House colleagues, including Rep. Eric Cantor (R-VA), also spoke out against Boehner’s support of middle class tax cuts.

McConnell doesn’t have the votes to get his tax cut legislation passed, but he is setting the stage for a showdown with Democrats, who also don’t have the 60 votes needed to overcome a Republican filibuster.

“We can’t let the people who’ve been hit hardest by this recession and who we need to create the jobs that will get us out of it foot the bill for the Democrats’ two-year adventure in expanded government,” McConnell said.

Republicans have been defending a tax cut extension for the rich, saying a tax increase would hurt small businesses. But Boehner acknowledged on” Face the Nation” on Sunday, that not extending the Bush tax cuts to the rich would only affect about 3 percent of small business owners. And the majority of those small businesses are doctors, lawyers, accountants and so on—not the type of businesses that create job growth.

This game of liar’s poker will play out through the November elections.

Watch it:


Comments

10 Responses to “McConnell: Richest Americans ‘Hit Hardest’ by Recession (Video)”

  1. Old Man Dotes on September 14th, 2010 10:59 am

    Oh, give me a break. People who have so much money that they have to hire people to count it for them are *suffering* from the recession?

    I thought it was illegal to indulge in hallucinogens in the USA, but McConnell is obviously either high, or suffering from senile dementia.

  2. majii on September 14th, 2010 4:54 pm

    Old Man Dotes,

    McConnell is neither senile nor suffering from the effects of some hallucinogenic drug. He is, has always been, and will remain, dedicated to serving the richest Americans, the class to which he belongs. This is the man who only allowed a vote to extend unemployment compensation to proceed because a delay would have meant he’d miss the opening ceremonies of the Kentucky Derby . He didn’t think about the fact that none of the unemployed could afford to attend the event. He was only concerned about himself. If Kentuckians had any respect for themselves, they would have voted him out of office long ago, but many of them are 100% convinced that he is “just like them,” when nothing could be further from the truth. It seems as if they have taken no notice of the fact that he votes against what’s best for them every time. He knows some of his constituents are unemployed, losing their homes, are struggling to keep their small businesses open, etc, but he just doesn’t care.

  3. Mary on September 16th, 2010 2:21 am

    How can anyone vote to keep this person in office. He is only concerned about his own tax hike. He does not care about the millions of unemloyed out there or even in his own state. Is it not strange that the majority of Republicans would fall in the catagory of the richest americans today. Why would they want to increase their own taxes………?????

  4. Piter on September 16th, 2010 2:42 am

    It sure is hard for us billionaires

  5. Serra on September 16th, 2010 2:43 am

    How this human-turkey hybrid can say that with a straight face is beyond me.

  6. Who is Really “Hit Hardest” in this Recession? | EquityBlog on September 17th, 2010 1:11 pm

    [...] How upside down have our politics gotten? Yesterday, Senate Minority Leader Mitch McConnell said that those making more than $250,000 were “the people who were hit hardest by this recession.” [...]

  7. OldLadyJane on September 17th, 2010 1:40 pm

    All USA citizens were hurt by the recession. The USA has never recovered from 9/11. The greed of The Real Estaste moguls and drug makers have also broken the people

    The USA is the last western nation that does not guarantee health coverage for EVERY CITIZEN and this is a shame,

    The reason is greed from the drug makers and FDA. The drug makers rake in BILLIONS$$$ every year but the people cannot afford to go to the doctor. SHAME!

    A fimmaker has been reverisng diabetes and obesity WITHOUT DRUGS and the drug makers do not promote the story

    just google SPIRIT HAPPY DIET

  8. Merle Swoope on September 20th, 2010 12:06 pm

    This is a real battle between good and evil. The spirits of evil, greed and lusts are within our high ranking officials. They smooth the ugly reality by twisting the truth to the poor and hard working Americans with fake promises of prosperity. How did we end up putting these greedy people to lead our nation? I am fully convinced that Sen. McConnel is just plain greedy who lost his morale because of his love for money and more money.

  9. Ike on September 20th, 2010 3:41 pm

    I wanted to jump through my TV screen and strangle this looney tune, McConnell.
    His comments on the rich suffering the most during this recession prove he, like all rethugs and most politicians could care less about the average American! What planet does he live on? Unbelievable! Can politics get any more sickening?
    How could anyone be so out of touch with reality is beyond explanation.

  10. Ken on December 4th, 2010 2:13 pm

    What a detestable man. His only goal is to make sure Obama doesn’t get re-elected. Outside of that…oh, to keep the rich happy, and the poor – poor!
    You mean they elect people like this in Kentucky?

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