CBS’s Norah O’Donnell laughed at Rep. Paul Ryan today after he correctly told her that keeping taxes at the current level is not a tax cut.
Via Pat Dollard:
Here’s the transcript:
Paul Ryan: So we’ve been acting in the House, Charlie. We’re just waiting for the senate to do something.
Norah O’Donnell: Congressman, you’re calling them “tax policy” and “tax code” you’re afraid to call them tax cuts now?
Paul Ryan: They’re not tax cuts, Norah, because they’ve been…
Paul Ryan: Because they’ve been the tax policy for 10 years.
O’Donnell: Come on, Congressman (laughing)
Paul Ryan: Honestly, Norah. Keeping taxes where they are is not cutting taxes. Preventing a tax increase is preventing a tax increase. It’s not actually cutting taxes.