Myth- The President can cut taxes?

Myth- The President can cut taxes?

Matthew Jones (Political Science Instructor) gives expert video advice on: Myth- The President controls the US budget?; Myth- The President can abolish the IRS?; Myth- The President is responsible for the economy? and more...

The President can't cut taxes all on his own, because power of the purse is lodged within the House of Representatives. He cannot cut taxes on his own. He can propose cutting taxes, he can push for cutting taxes, but Congress has to approve a tax cut. And that's why certain Democrats said, "We don't approve of President Bush's tax cut -- we're going to vote against it." Even John McCain voted against the tax cut. Now he says that's because there weren't spending cuts going along with it. The point is that President Bush's tax cuts, or any president's tax cuts, have to be approved by Congress.