WASHINGTON – The unwillingness of Republicans to raise taxes coupled with Democrats' unwillingness to cut taxes will cause a fierce battle next year, conservative analyst Patrick Buchanan told attendees at NAFCU's Congressional Caucus.
Buchanan, an aide to Presidents Nixon and Reagan, said the $13 trillion debt will make foreign creditors less willing to extend the nation further credit and this could further delay the recovery.
He contended that the sluggish economy and the unpopularity of the health bill–coupled with the GOP's return to its conservative roots–will help the party win control of the House. The Republicans should focus on criticizing Democrats rather than coming up with their own ideas, Buchanan said.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
