Comments on: Richardson: Obama’s Tax Cut Limit Is Really $120,000 http://newscycle.wordpress.com/2008/10/31/richardson-obamas-tax-cut-limit-is-really-120000/ A look at the news, politics and journalism in today's 24-hour media. Fri, 30 Oct 2009 19:26:59 +0000 http://wordpress.com/ hourly 1 By: Anonymous http://newscycle.wordpress.com/2008/10/31/richardson-obamas-tax-cut-limit-is-really-120000/#comment-60 Anonymous Fri, 31 Oct 2008 22:30:00 +0000 http://newscycle.wordpress.com/2008/10/31/richardson-obamas-tax-cut-limit-is-really-120000/#comment-60 Biden didn't lower the bar; his statement was consistent with Obama's initial proposal. People who make $250,000 or less don't see a tax increase; people making $150,000 or less get a tax refund.<br/><br/>As for Bill Richardson, after listening to the interview, I believe he misspoke - In the same interview he called the bailout a $750 billion bailout, when it is a $700 billion bailout.<br/><br/>As for the stump speech, I didn't hear it, so I can't respond to it. I just wanted to clarify your errors on Biden's statement & give a brief opinion on Richardson's comment. Biden didn't lower the bar; his statement was consistent with Obama's initial proposal. People who make $250,000 or less don't see a tax increase; people making $150,000 or less get a tax refund.

As for Bill Richardson, after listening to the interview, I believe he misspoke – In the same interview he called the bailout a $750 billion bailout, when it is a $700 billion bailout.

As for the stump speech, I didn't hear it, so I can't respond to it. I just wanted to clarify your errors on Biden's statement & give a brief opinion on Richardson's comment.

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