Fiscal Conservatives Say 'No Deal' to Obama-GOP Tax Compromise

December 8, 2010 - 11:36 AM

(CNSNews.com) - A conservative public policy group says the tax deal that President Obama has defended and liberals have denounced is "bad policy, bad politics, and a bad deal for the American people."

In a message on its Web site, the Club for Growth listed its objections: "The plan would ressurrect the Death Tax, grow government, blow a hole in the deficit with unpaid-for spending, and do so without providing the permanent relief and security our economy needs to finally start hiring and growing again,” Club for Growth President Chris Chocola said.

“Instead, Congress should pass a permanent extension of current rates, including a permanent repeal of the death tax, and drop all new spending,” Chocola added. “A month ago, the American people repudiated Washington big government.  It’s time for both parties to finally hear that message and act on it.”

The Club for Growth describes itself as a national network of Americans from all walks of life who believe that prosperity and opportunity come through economic freedom. Its policy goals include a reduction in income tax rates, repeal of the estate tax (death tax), limited government through limited spending, Social Security reform with personal retirement accounts, free trade, medical malpractice and tort reform, a flat tax or fair tax, school choice, and regulatory reform and deregulation.

Also see:
Obama Defends Compromise to Skeptical Democrats, As Some See ‘Second Stimulus’ (Dec. 8, 2010)