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George Stephanopoulos Lobbies McCain to 'Move the President's Way' on 'Tax Cuts' for Millionaires

By Scott Whitlock | November 30, 2010 | 12:34

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Playing the role of negotiator for the Democrats, Good Morning America's George Stephanopoulos on Tuesday pressed Senator John McCain to "move the President's way" on extending the Bush tax cuts. He also oddly spun such a continuation as a "tax cut" for millionaires.

The ABC anchor lobbied McCain, asserting, "[Obama] moved your way on this freeze of all pay for federal workers. Are you prepared to move the President's way for any items on his agenda?"

Stephanopoulos then forced the Arizona senator to listen to a clip of Democrat Claire McCaskill arguing against extending tax cuts for the wealthy. "What's the answer to that," the host goaded. The former Democratic operative turned journalist complained, "But, do Americans making more than $1 million need a tax cut right now?" He didn't explain how it's cutting taxes to keep current tax rates in place.

On November 16, 2010, Stephanopoulos hit Congresswoman Michele Bachmann with the same Democratic talking points: "But, why is it okay for the wealthiest Americans, earning over $250,000 a year– And remember, the President has called for extending all tax cuts for those under $250,000."

On November 15, he talked to Erskine Bowles, the co-chair of a commission on debt reduction. Sounding a similar theme, Stephanopoulos worried, "Couldn't some of this be avoided by keeping the tax rates where they are? I mean, by letting them go back to where they were in 1998 when you were White House chief of staff?"

More examples of Stephanopoulos' arguing for tax increases can be found in the MRC's Profile in Bias page.

A transcript of the November 30 segment, which aired at 7:12am EST, follows:

Story Continues Below Ad ↓

GEORGE STEPHANOPOULOS: And for more on this we're now joined by Senator John McCain in Washington. Thank you for joining us this morning, Senator. And we just heard Jake go through the agenda. The President made an opening bid yesterday. He moved your way on this freeze of all pay for federal workers. Are you prepared to move the President's way for any items on his agenda?

JOHN MCCAIN: Well, what I hope that we could do is agree to the extension of the tax cuts at all levels. And also, reach some agreement on moving forward with the START treaty, as well. I think that that is a serious result that could end- could ensue from the meeting today. And I would point out that the election was about tax cuts, the economy, and jobs. That's what it was about. It wasn't about the Dream Act. It wasn't about Don't Ask, Don't Tell. It was about the tax cuts, give some confidence to businesses, large and small, that they will have some surety and confidence about what their financial situation will be in the coming year. And hopefully, we can move forward on that.

STEPHANOPOULOS: Let's talk about the tax cuts. Because the Democrats seem to be prepared to compromise at least a bit. Before, they were saying extend the tax cuts for Americans only under $250,000. Now, they're saying, many of them are saying, they are willing to move that ceiling up to $1 million, that the tax cuts would expire only for Americans who make more than $1 million a year. Here's Senator Claire McCaskill on that.

CLAIRE MCCASKILL: Well, I think we should draw the line in the sand for millionaires. Honestly, with all of the talk and righteous indignation about the deficit, are we really going to hold up tax cuts for all of America just for the millionaires?

STEPHANOPOULOS: What's the answer to that?

MCCAIN: The answer to that is, let's give everybody confidence in the future, that they can invest, they can hire. Understandably, the amount of money that corporations and businesses are sitting on is at an all-time high. They- We want to give them confidence that there will not be any tax increase.

STEPHANOPOULOS: But, do Americans making more than $1 million need a tax cut right now?

MCCAIN: [Sarcastically] Or a billion dollars, or a billion dollars or ten billion dollars. What we're doing here is trying to find some level where the populism will take over. The fact is that we don't want to raise anybody's taxes in a time of economic recession that we're in. And that's the fundamental principle that we're adhering to. And we believe that's the message that the American people sent, to get some confidence into businesses, large and small, as to what their future will be, so they can invest and hire.

STEPHANOPOULOS: You said you wanted to see action on this START treaty. It's your colleague from Arizona, Senator Jon Kyl, who says he's not prepared to vote on it this year. But as you know, many even Republican former Secretaries of State and Defense, have said this is vital to America's national security. Can a compromise be reached before the end of this year?

MCCAIN: I hope so. I have some concerns about missile defense. In fact, I'm a little disturbed about the news this morning that tactical nuclear weapons have been moved closer to Europe than- by the Russians. But that is not directly related to the START treaty. But certainly is an indication for the need to have verification. I believe that we could move forward with a START treaty and satisfy Senator Kyl's concerns and mine about missile defense and others and I hope that we could do that.

STEPHANOPOULOS: This year?

MCCAIN: I would hope so. I would hope so. But Senator Kyl's concerns are very legitimate. And I think they are- the attempts are being made to address them.

STEPHANOPOULOS: Finally, sir, on WikiLeaks. I know you think that leak is deplorable. But, I'm wondering is there anything that can be done about it?

MCCAIN: Well, first of all, let's go back to the principle of need to know. Why would a private first class have access to all of this information?

STEPHANOPOULOS: It's a very good question.

MCCAIN: Somebody is responsible for that. And it isn't just the private first class. They should be held accountable and responsible for a change. We should make sure that we have the fixes in, that we have confidence that that information will not be disseminated, except for those who need to know. And, frankly, I'm worried about the additional information that WikiLeaks apparently has and how much damage that will do to America's national security. Let's fix the problem, hold people responsible, and make sure this kind of thing never happens again.

STEPHANOPOULOS: Okay. Senator McCain, thanks very much for your time this morning.  

— Scott Whitlock is a news analyst for the Media Research Center. Click here to follow him on Twitter.

About the Author

Scott Whitlock is the senior news analyst for the Media Research Center. Click here to follow Scott Whitlock on Twitter.
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Stop George Soros

Comments

And what is to stop Obama from next going for $250K? Or lower?

Submitted by TheHistorian on Tue, 11/30/2010 - 12:55pm.

McCain is the connsumate idiot if he accepts this deal.  He used to run is old shanks across to Ted Kennedy to kiss up to that Lying Lieberal (sorry I got the nickname wrong, but this one fits him better) when doing immigration and virtually any other issue.

Obama wanted $250K but cannot get that.  He now wants $1 million, but you watch, Obama and his minions will be back to $250, then $150, finallly being like Bill Clinton that tax increases on the wealthy start at $50K.  There is not enough money in the whole universe to fulfill the lieberal dream, so they will keep pushing for higher tax rates and lower thresholds to try to pretend that their utopia will work.

My suggestion is to tell Obama that in order to get the Obama tax cuts, he needs to do the following:

  1. CUT the top tax rate to 28% as it was under Reagan.
  2. There is no increase on the "wealthy" allowed, so the AMT and all taxes on capital must be abolished.
  3. The inheritance tax must be abolished.

It is time that the Obama world of "screw the opposition" is ended, and that he understand that the conservatives won.  His progressive vision needs to be scaled back based on economics.  And while they are at it, let's fix Social Security, Medicare, and Medicaid, all of which total to $60+ trillion upside down.

Then pat Obama on the head and tell him to go play golf and basketball, and we'll call him when he needs to sign something.

“Liberals tend to put the onus of your success on society and conservatives on you and your family.”

Dennis Prager

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If you give a mouse a cookie

Submitted by Dan The Man 2 on Tue, 11/30/2010 - 1:01pm.

If you give a mouse a cookie .....

Nuke em til they glow; then shoot em in the dark
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God forbid the President

Submitted by Dan The Man 2 on Tue, 11/30/2010 - 12:59pm.

God forbid the President should move what seems to be our way.  Make him move all the way, stop his agenda cold.  What little has passed and been encated are ruining my country.

Nuke em til they glow; then shoot em in the dark
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More SALT II Residual

Submitted by Utherpend on Tue, 11/30/2010 - 4:30pm.

But as you know, many even Republican former Secretaries of State and Defense, have said this is vital to America's national security.

Sort of like how the SALT II treaty was so vital to America and the Soviets broke the treaty before they even signed it.  Carter let the Soviets continue to develope their missle defense while we shut down a whole series of anti missle systems and hope nothing came flying over the polar ice caps.  If they hadnt of invaded Afghanistan we might have had to deal with a whole new class of small mobile missle launchers that we could not track.

"For a people who are free, and who mean to remain so, a well-organized and armed militia is their best security."
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Truth In Reporting

Submitted by stratman on Tue, 11/30/2010 - 6:16pm.

"The former Democratic operative turned journalist..."

No.  Please refer to George properly:

"The Democrat operative journalist..."

Zebras do not change their stripes.  A mobster who owns a legit business does not make him any less a mobster.  Once a community organizer, always a community organizer.

Stephanopoulos has not proven he isn't a Democrat operative in journalist clothing.

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