Quick Hit Aricka Flowers Wednesday August 31st, 2011, 9:52am

Joe Walsh Attacks Buffett For Supporting Tax Hike On The Rich

U.S. Rep. Joe Walsh (R-8) is at it again. Yesterday, the Tea Party politician took to Bloomberg to attack billionaire businessman Warren Buffett for his recent call for a tax hike on the uber rich.

The controversial politician went on to call Buffett "coddled" and "disingenuous", adding that he believes Buffett is "heating up his rhetoric because his support for the president is so desperate."

Majority of Walsh's seven-minute interview was spent attacking President Barack Obama's competence in office and slamming Buffett for his support of raising taxes on the rich. The Tea Partyer even went so far as to say that the act of raising taxes on the the nation's richest residents could send the economy into another tailspin.

"If you raise taxes on millionaires and billionaires, you’ll do nothing to address the debt and the deficit," Walsh insisted. "And the thing you might do is you might finally put this economy over another cliff. These millionaires and billionaires are the folks that try to create jobs and help grow the economy. The last thing we want to do is increase taxes on them right now."

When asked whether the inexperience of Tea Party politicians led to the nation's credit downgrade, he balked and insisted that the group is actually having a positive impact in Washington.

"We lost our credit rating because this country is in debt," Walsh answered. "We lost our credit rating because this President has increased the debt $4 trillion in two and a half years. He knows that. Warren Buffett knows that. And that’s what the credit agencies told us. Look, the American people understand that if these troublesome tea party Republicans hadn’t gotten here, we’d erase the debt ceiling without even thinking about it. And we’d be spending away our kids’ future every single day."

Walsh also said his "expectations aren't high" for the Super Committee tasked with finding $1.5 trillion in federal budget cuts. Check out video of the whole interview here.

Comments

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you mean Deadbeat Dad Joe Walsh? The Joe Walsh who is a Deadbeat Dad?
http://www.google.com/url?q=http://crooksandliars.com/karoli/rep-joe-wal...

Joe Walsh is an idiot - in addition to being a bad businessman, representative, husband & father. S&P plainly stated that their downgrade was because of the rancour in Washington and the lack of revenue increases in the budget - all directly related to the actions of tea-bagging idiots like Joe Walsh. Well, he will be replaced & none too soon. Taxing millionaies & billionaires will do a great deal to address the debt & the deficit - those "job creators" are not creating jobs in the US - with their tax burden at historic lows, they're laying off US workers & sending jobs overseas.

Why is Joe Walsh an Idiot? Is it because you are too dumb to understand what he just explained? Maybe if your boy Obama would relax the corporate taxes and regulations along with repealing nafta the free trade deals for the big corporations. The jobs would not be going overseas. Maybe you should do some homework and open your ears and mind. You see it doesn't matter if the taxes are at historic lows here in the us if they are lower overseas where would you go as a business? jeeeezzzzzz! You just can't teach a liberal dog new tricks.

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