President Reagan famously joked that the federal government’s view of the economy can be summed-up like this: “If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” Just eight months into the year, it’s apparent that this is no longer just a quip. Rather, it has become the Democrats’ blueprint for their new congressional majority — and as Congress returns to Washington, we’ll see their tax-and-spend plans on full display once again.
- John Boehner (read his full comments here)
Exactly correct.
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