Tuesday, August 2, 2011

Debt deal does not eliminate Bush tax cuts, Ryan tells Sean Hannity

Rep. Paul Ryan (R-WI) assured Sean Hannity of Fox News that the debt deal that passed the House will not increase taxes and WILL NOT eliminate the Bush tax cuts, which under current law will expire in 2013. That 2013 expiration remains unchanged. Rep. Ryan appears to be engaged in some semantic trickery -- but don't be surprised if the GOP finds a way by 2013 to keep the tax cuts in place, even if the new debt ceiling deal doesn't do it.

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