Home > posts > Adding to the List of Reasons for Why Republicans Shouldn’t Cave on Tax Increases
July 7th, 2011 3:15 pm
Adding to the List of Reasons for Why Republicans Shouldn’t Cave on Tax Increases

C.J. Ciaramella of The Daily Caller reports

The Securities and Exchange Commission gave up its leasing authority yesterday and could face a Justice Department probe in light of a $550 million leasing scandal.

At a House Transportation and Infrastructure subcommittee meeting yesterday, SEC Chairman Mary Schapiro ceded the agency’s leasing authority and admitted it had made a “terrible mistake” when it put taxpayers on the hook for a half-billion dollar lease for office space it didn’t need.

And this is the same government that now wants to increase taxes as part of a “deal” to raise the debt ceiling?

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