Ex-NY Gov. Pataki: We Have to Undo ‘Spending Binge’

Friday, 08 Jul 2011 10:20 AM

By Hiram Reisner

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
Former New York Gov. George Pataki says he believes there will be a deal to raise the debt ceiling, but he hopes other Republicans “hold tough” on taxes. Pataki also said on MSNBC’s “Morning Joe” today that the issue is not raising taxes on those who want to create jobs, but “we have to undo the massive spending binge that we’ve seen in the last two and a half years.

“I think the president needs a deal — he can’t have a government shutdown, he can’t have the country threatening default,” Pataki said. “The Republicans should stick to their guns. I think we can get a lot of entitlement reform, spending reductions, and take a major step forward.”

President Barack Obama said he will convene another round of talks with House Speaker John Boehner, the top U.S. Republican, and other lawmakers Sunday, hoping to begin “the hard bargaining that's necessary to get a deal done.”

Pataki also said that repealing the Bush tax cuts would amount to a tax increase — a position that other Republicans also hold. Democrats counter that it is not an increase as the rates would revert to what they were before the cuts.

“I think it’s clearly a tax increase,” Pataki said. “Let’s see if the government can get its act together and cut its spending to within its means. If that happened, I think we’d see the growth we need to create those jobs. They’re very much related — debt and jobs.”

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
[Error loading the WebPart '']
Value cannot be null. Parameter name: virtualPath
Send me more news as it happens.
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

58: Zoo Gorilla Colo, Oldest in Captivity, Celebrates Her Birthday

Monday, 22 Dec 2014 16:41 PM

Colo, the first gorilla ever born in a zoo, turned 58 Monday at the Columbus Zoo & Aquarium, celebrating with a cake sha . . .

Menelik Watson, Raiders OT, Gives Game Check to Sick Girl's Family

Monday, 22 Dec 2014 16:21 PM

Oakland Raider Menelik Watson has donated his whole paycheck for one week to bring a 4-year-old girl with a heart proble . . .

Prince George's Santa Visit a Relaxed Outing for Royal Family

Monday, 22 Dec 2014 15:40 PM

Prince George visited Santa's Magical Journey near his home, meeting Santa on a surprise visit that included both of his . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved