Mitch McConnell...liar?

This morning (Sunday), Mitch McConnell voiced his opposition of the Cash 4 Clunkers program, saying that it's obvious that people will spend the money if you give it to them, and that it's a waste of federal money.

Now that's kinda funny. You see, Mitch McConnell voted for the $1.35 TRILLION tax cuts in 2001, which gave the top 20% an average tax cut of $11,000, and the top 1% an average tax cut of $97,000. 1

So I guess what Mitch is trying to say, is that if RICH people get money back from the Federal Government, it benefits all of us, but if the middle-income and poor people get money back, it will not benefit all of us. Curious, isn't it? $3 billion to boost the economy by upgrading older vehicles that don't conform to current air pollution standards, or $1.35 trillion to give the top 1% $97,000 back.

It takes my breath away, to think of the audacity of Mitch to argue both against and for giving money back to Americans to spend, and break it down to which economic class you belong to, as to whether or not you deserve a break.

1. Tax Policy Center (Urban Institute and Brookings Institution), "Distribution of the 2001–2006 Tax Cuts:

Updated Projections , July 2008"