TPMDC Carl Levin: January 2012
Defense Spending
Top Defense Dem: GOP Must Blink First To Avoid Pentagon Cuts
Despite a brewing panic among Congressional Republicans (and some Democrats) over automatic, across-the-board defense cuts set to kick in on January 1, 2013, the top Democrat on the Senate Armed Services Committee says those cuts must stand unless and until Republicans relent on their anti-tax absolutism, and agree on a balanced deficit reduction package that includes higher revenue.
"The purpose of the sequester is to force us to act to avoid the sequester," Sen. Carl Levin (D-MI) told reporters at a Christian Science Monitor roundtable. "It's like a nuclear weapon -- it's totally useless; it can't be used except to accomplish some other goal than its use. It's used to deter."
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)Topics: Carl Levin, Debt, Debt Ceiling, Defense Spending, Deficit, Medicare, Pentagon budget, Senate Armed Services Committee, Super Committee, Tax Cuts, Taxes, pentagon
Carl Levin
Top Dem Offshoring Expert Smells Something Fishy In Romney's Tax Code
Sen. Carl Levin (D-MI) says Mitt Romney will have to make his pre-2010 tax returns available. That may sound like a predictable demand from a partisan Democrat. But it's more than that.
Levin may well know more about tax avoidance strategies than anybody in Congress. In his capacity as the Democrats' top investigator he's has made extensive inquiries into the techniques businesses and individuals use, including overseas havens, to hide their money from the IRS. And what Romney's revealed so far troubles him.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)Topics: Carl Levin, Mitt Romney, Taxes
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