Bachmann: Tax Cuts Don’t Really Cause Deficits

Talking Points Memo reports:

Rep. Michele Bachmann (R-MN), the Tea Party mega-star, has emerged in the past few days as a leading opponent of the Obama-GOP tax cuts compromise from the right. And in the process, she is elaborating on the common theme among conservatives that tax cuts should not be paid for in terms of their effect on the deficits. Or as she puts it, cutting taxes shouldn’t be?defined as part of a deficit, and only spending should be viewed through this lens.

“I don’t agree with that definition,” Bachmann told Meredith Viera on the?Today Show. “When people keep their own money, that’s considered a deficit to government, but it’s not a deficit to your pocket or mine, so I think it’s important that people can keep their money.”

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Bachmann Announces Leadership Run

Politico reports:

Tea party favorite Michele Bachmann of Minnesota is throwing her hat into the ring for Republican Conference chairwoman, adding yet another candidate to what is already shaping up to be a free-for-all race for the No. 3 spot in the House Republican hierarchy.

Bachmann spokesman Sergio Gor said Tuesday that the congresswoman has been encouraged to run for the spot by some conservative members and is considering making a run.

“We have been contacted by some members about that. If the opportunity were to present itself, she would definitely consider it,” he said.

Bachmann is one of many strong-willed conservatives House Minority Leader John Boehner of Ohio will have to deal with if he takes leadership of a large Republican majority after election night. Bachmann, who founded the Tea Party Caucus, has made herself a spokeswoman for conservatives in Congress even though she’s?been in the House for only two terms and holds no formal leadership position.

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