Senator: Obama, Congress ‘Intentionally’ Spending to Force Value-Added Tax Implementation
N.H. Sen. Judd Gregg tells CNBC’s Larry Kudlow leaders are ‘trying to run the government into the ditch’ to institute European social welfare model.
By Jeff Poor
Business & Media Institute.org
We’ve heard from various elements that President Barack Obama was a socialist trying to “fundamentally change” the United States of America in a covert manner, but maybe it isn’t as covert as it seems.
A recent CNS News analysis of government data shows that in the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion – more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan. So why is the government doing this? Larry Kudlow asked Sen. Judd Gregg, R-N.H., that question on his Sept. 9 program, suggesting it was a “giant massive tax trap.”