Biden: GOP arguments on extending tax cuts 'a bunch of malarkey' - TheHill.com: "Vice President Biden blasts Republicans who want to extend the Bush tax cuts; says 'super rich' already have disposable income.
Biden, speaking to a small group at a middle-class task force roundtable Wednesday at Pete’s Apizza in Washington, D.C., said that while he and President Obama want to extend tax cuts for the middle class, the country cannot afford $700 billion in cuts for the wealthy.
“They've already got disposable income,” Biden said of the “super rich.”
“They're spending all they're going to spend anyway.”
With Obama still vacationing in Martha's Vineyard, Biden has taken the lead in firing back at Republicans like House Minority Leader John Boehner, who on Tuesday called for the resignations of Obama's economic team. Biden warned that the debate over the Bush tax cuts, which are set to expire at the end of the year, is “one of the big fights we're going to have” when Congress returns from its August recess.
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