Speaker Boehner: "Tax increases are unacceptable and are a nonstarter"

Tonight the President speaks on his redo of the budget which should be interesting -- will he demand higher taxes or not?

Speaker Boehner released his comments about the President's speech today going on record that Obama's idea of tax hikes which is floating around is not going to fly in this House. The Paul Ryan budget is what Republicans have on the table and the bar the President needs to meet when discussing budget cuts. Tax increases are not on the table and will not be. Looks like the Democrats still don't understand that tax increases hurt the economy not help.  Can you imagine a tax hike in the middle of the high gas prices and groceries that are continuing to rise? 

Tonight's speech by Obama will be attended by a bi-partisan group of Congressman. Can see the eyes  rolling  by some members of Congress when Obama in his teleprompter speech talks about raising Government revenue by higher taxes or fees. We don't think Obama is capable of cutting the budget unless backed in a corner like happened last Friday. Time will tell how much he thinks this whole process will affect his chance for reelection -- it is all about politics with Obama not what is best for the American people.

Washington (Apr 12)

House Speaker John Boehner (R-OH) issued the following statement today in advance of the President’s speech tomorrow:

“The American people understand we can’t continue spending money we don’t have, especially when doing so is making it harder to create jobs and get our economy back on track. Chairman Ryan has put forward a responsible budget that will help spur job creation without raising taxes, stop spending money we don’t have, and lift the crushing burden of debt that threatens our children’s future.

“I’m pleased the President has finally joined the discussion, but the Ryan budget has set the bar. If the President is willing to offer serious proposals that grow our economy, preserve and protect programs such as Medicare and Medicaid, and set us on a path to pay down the national debt, we’re open to hearing them. However, if the President begins the discussion by saying we must increase taxes on the American people – as his budget does - my response will be clear: tax increases are unacceptable and are a nonstarter. We don’t have deficits because Americans are taxed too little, we have deficits because Washington spends too much. And, at a time when the American people face skyrocketing prices at the pump, energy tax hikes are a particularly bad idea.

“The irresponsible budget that the President released last month would impose a job-crushing $1.5 trillion tax hike, add $9.1 trillion to the debt over the next decade, and do nothing to address our autopilot spending. The President needs to demonstrate leadership and show American families and small businesses that he is serious about addressing Washington’s spending problem. I’m hopeful that he will use his speech to provide specific solutions, rather than more empty promises.”

We will give a wrap-up of the highlights or lowlights of the speech after AP puts out their fact checker. Not sure that I can stomach listening to Obama drone on and on so will most like put my TV on mute and read the scroll across the bottom.