The Arizona Daily Star reported today that CD8 Congresswoman Gabrielle Giffords chose to stand with the middle class and fiscally responsible-- rather than caving in and going along with those who want to continue the budget-busting Bush tax cuts for the richest Americans.
Forty-seven House Democrats sent a letter to President Obama saying that they would support extension ofall of the Bush era tax cuts.
Obama has been promoting keeping the Bush tax cuts for people who make less than $250,000 but allowing the cuts to expire for the richest Americans.
Although the Republicans have been pushing the IDEA of fiscal responsibility (in order to win over the Tea Bagger vote), they also have been pushing hard to make all of the Bush tax cuts permanent, which add BILLIONS to the deficit.
This fall Republicans have been willing to let all of the tax cuts expire-- even cuts for the middle class-- if they can't get continued give-aways for their rich cronies. When will they give up on trickle down economics?
I am seriously disappointed that these DINOs wrote a letter of support for this fiscally irresponsible Republican plan, but I am proud of Giffords for not caving. Go, Gabby.