Eat the rich!

Of course his party’s reckless spending had nothing to do with it.

(The Hill) — Senate Majority Leader Harry Reid (D-Nev.) on Monday said $3 trillion of the U.S. budget deficit was caused by tax cuts to the rich under the Bush administration.

Reid made the comment in floor remarks in which he welcomed President Obama’s plan to raise taxes on the wealthy to help reduce the deficit.

“More than anyone else, these millionaires and billionaires benefited from Bush tax cuts and contributed $3 trillion to our deficit, to help plunge this nation into a financial hole,” Reid said on the Senate floor. “A balanced approach to reduce our deficit means those who have benefited the most from policies that created our deficit should also help solve our deficit.”

Reid added that the plan is a “concrete strategy” that “calls on those who have benefited from the tax policies that sunk this country deeper and deeper and deeper into debt to help get us out of this debt.”

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