Skip to main content
Tags: Scarborough | debt | Congress | MSNBC | “Morning Joe”

Joe Scarborough: Congress Negligent in Dealing with Debt

By    |   Tuesday, 17 April 2012 02:39 PM EDT

Joe Scarborough, host of MSNBC’s “Morning Joe,” is distressed with how both parties in Congress are failing to truly deal with the government’s exploding debt burden.

Even Europe’s doing better than we are, the former GOP Florida congressman writes on Politico.

“At least European governments are trying something, anything, to stem the debt crisis,” he says. “Stateside, today's events in Congress show just how ill-equipped our government is to face the coming storm.”

President Barack Obama pushed for the Democrat-led Senate to vote on the Buffett rule that would increase taxes for many millionaires. “The president always knew the rule was more gimmick than economic panacea,” Scarborough writes.

“He also knew it would never pass out of the least productive Senate in 20 years.”

But Republicans don’t escape the commentator’s wrath either. He blasts the House GOP effort to hold a vote on a tax cut for businesses with less than 500 employees. “Like the Buffett rule, the Eric Cantor-backed tax cut has no chance of passing both chambers and ending up on the president's desk.”

It’s all simply about politics, Scarborough writes. “With all the game playing that is going on inside the Beltway, it is fair for voters to ask whether any adults are left working in a town that is always concerned with winning the next election rather than the new century.”


© 2024 Newsmax. All rights reserved.


226
2012-39-17
Tuesday, 17 April 2012 02:39 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Interest-Based Advertising | Do not sell or share my personal information

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.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
Get the NewsmaxTV App for iOS Get the NewsmaxTV App for Android Scan QR code to get the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved