Senator: 'Government Doesn't Need Any More Money'

July 10, 2012 - 2:55 PM

Senate Republican Leader Mitch McConnell (R-Ky.) said today that, instead of demanding more money, the government should be answering to the public for the money it’s wasted.

Speaking on the Senate floor today regarding Pres. Obama’s economic policies and call for a tax hike on small businesses and families, Sen. McConnell said:

“Yesterday, the President issued an ultimatum: raise taxes on about a million business owners to fund more government, and I won’t raise taxes on the rest of you.”

Citing bankrupt solar companies and examples of wasteful government spending, McConnell proclaimed that government has all the money it needs:

“As far as I’m concerned, there shouldn’t even be a debate here–– government doesn’t need any more money. It’s government that should be answering to us for the tax dollars it’s wasted and misdirected.”

Criticizing Obama’s call to raise taxes on job creators in the midst of a fragile economy, Sen. McConnell posed a fundamental question: “Whose money is this in the first place?

“I mean, why should small businesses be put on the defensive about keeping money they’ve worked for and earned?”

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