Rep. James Lankford (R-Okla.) said that while President Barack Obama is advocating for Clinton-era tax rates on the nation’s top income earners, he “completely ignores Clinton-level spending,” which declined in the 1990s.
“The president’s very focused on trying to get the Clinton tax rates,” Lankford said on Capitol Hill, Wednesday. “But he completely ignores the Clinton-level of spending.”
“What we’ve got to be able to address is a $1 trillion deficit here,” he said. “If we were just back at the Clinton-level of spending this would solve the issue that we’re dealing with today.”
“We’ve got to find a way to be able to address the real driver and the real issue that we’re facing and that is the spending,” Lankford added. “Until we can address that, it’s not going to solve anything.”
Read more.