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Well during a house hearing last week Treasury Secretary Tim Geithner insisted a tax hike is necessary.
To boost economic growth but he was met with stiff opposition -- By congresswoman -- Chalmers.
Don't touch revenues and you leave in place the tax cuts for the top 2% -- put in place by President Bush if you leave those in place.
And you're trying to bring our deficits down over time then you have to do exceptionally deep cuts in benefits from -- Americans.
On behalf of the business owners in North Carolina and across this country you are wrong.
Joining us now from Raleigh, North Carolina is congresswoman running -- is Republican member of the house committees on small business agriculture and foreign affairs.
Well let me ask you first first of all are -- all hopeful we're going to see.
These debt negotiations amount to anything -- all.
Well I am very hopeful but as it stands right now -- what I can say is the Republicans are committed.
-- not raising tax us because that it's just simply not the answer.
Not the answer but this president is every bit it seems as committed as the Republican leadership.
To insisting on what they -- call -- balanced approach that is spending cuts and tax increases.
Well you know when we did hear that from secretary Geithner last week -- -- he included that as as any of the future plans that they half.
That it simply is not the answer right now we need are jobs we need to create jobs in this country and remove the uncertainty -- our businesses -- -- sank.
And to even be discussing the possibility of tax increases keeps those businesses from hiring again.
And we have got to simply in Washington step back get out of the way and this really cannot be part of the debt ceiling issue.
And you when Treasury Secretary Geithner had quite an exchange there.
You were obviously on persuaded -- -- -- in and entirely on persuaded.
As to the efficacy of tax increases to stimulate small business.
What is it that the that the Treasury Secretary doesn't understand about the necessity.
To provide great stimulus specifically to small business.
And stimulus is not the same thing as a tax increase on small -- Well I think his point in you know this is where we have a fundamental difference in in our beliefs as far as policy.
Goes and and our political philosophies I mean this comes to the crux of the this -- There are those in Washington -- believe.
Then the more Washington it's in our lives the -- that they have all the answers for us and if we simply raise taxes on our business owners.
That's gonna solve some of our problems then there are those of us who believe that the private sector.
Who are the job creators not -- Washington.
Are the ones who need to be empowered we have got to give every certainty weak hand to those individuals so that they can be hiring and we can start prospering again.
That's the answer you know we're making the cuts in Washington and needed cuts.
But that's only part of that and as long as we move forward like this as long as we continue to talk about things like raising taxes and and mounting regulations.
Our business and -- just simply cannot hire and there's no more certain way of decreasing jobs in the middle class to lower income areas.
-- to be raising taxes on our business owners.
Think -- congresswoman -- -- for the US it's.
Good to be with.
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