Showing posts with label Ronald Reagan Raising Taxes Eric Cantor Myths. Show all posts
Showing posts with label Ronald Reagan Raising Taxes Eric Cantor Myths. Show all posts

Friday, January 6, 2012

Eric Alterman: Conservatives prefer Reagan fantasies to reality (And so did Reagan)

  A bizarre incident took place during the “60 Minutes” interview with House Majority Leader Eric Cantor (R-VA) on New Year’s Day: When Leslie Stahl asked Rep. Cantor whether he would be willing to compromise with President Barack Obama to improve the legislative performance of the current Congress, Rep. Cantor responded: “Compromising principles, you don't want to ask anybody to do that. That's who they are as their core being.”

  When Stahl replied that President Ronald Reagan, Rep. Cantor’s “idol,” had compromised, Rep. Cantor stuck to his guns, replying, “He never compromised his principles.”

  Stahl, at the ready, answered, “Well, he raised taxes and it was one of his principles not to raise taxes.”