.larry_kudlow: The GOP House has the only plan to raise the debt ceiling
Rep. Dan Bishop, R-N.C., and Rep. Byron Donalds, R-Fla., provide insight on debt ceiling negotiations on 'Kudlow.'
I don't even know what that means, because, for two years plus, we haven't heard a bipartisan word out of Joe Biden, but then he launches into tax policy with this "There's a lot of things that they refuse to look at in terms of tax generation, as well as what kinds of people we're going to increase taxes for...We went from having roughly 740 billionaires to about a thousand billionaires in America. They're paying an average tax rate of 8%.
The CBO, the Joint Tax Committee and IRS numbers all show that the wealthiest people in the country pay roughly 42% of total tax revenues. No other group comes even close and if Hunter Biden's tax returns were counted, then the wealthiest 1% would pay an even larger percentage and, unlike President Biden, I'm glad the United States is producing more and more billionaires. That's a sign of prosperity. They are great job creators.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oracle's Larry Ellison gears up to spend millions to back Tim Scott's 2024 runBillionaire Oracle co-founder Larry Ellison is looking to spend millions to support GOP Sen. Tim Scott's run for president, sources told CNBC.
Read more »
Man taken off life support months after he was run over by tractor, family saysLarry Posey's daughter said she is 'dead inside' following his passing.
Read more »
Sen. Tim Scott jumps into the 2024 presidential raceThe Republican senator from South Carolina joins a growing field for the GOP nomination.
Read more »
White House issues veto threat against GOP plan to scrap student loan forgivenessThe White House issued a veto threat against a GOP-backed resolution to scrap the administration's student loan forgiveness plan.
Read more »
Make No Mistake: A GOP-Forced Default Will Cause Next Great RecessionHolding a historically strong labor market hostage to force an unrelated agenda onto the country risks an economic catastrophe we can’t afford.
Read more »
Sen. Tim Scott, R-South Carolina, enters the 2024 GOP primaryThough Scott has expressed more openness to working with Democrats than most Republicans in Washington, he also owns one of the most conservative voting records in Congress. He rarely broke with Tr…
Read more »