Solis

Solis

President Barack Obama will eventually raise taxes on the entire middle class because he has no plans to stop spending, the GOP’s soon-to-be senior senator tells Newsmax.

And the success or failure of the president’s bid to increase tax rates for the top two percent of earners is irrelevant in the matter, said Sen. Orrin Hatch in an exclusive interview with Newsmax.TV.

The Utah senator — who will become the senior Republican in the new Congress set to convene next week — said that Republicans are leery of increasing taxes on Americans in any income bracket because they believe Obama will spend the money on pet programs rather than pay down the continuously increasing federal debt.

“I really question whether the president will allow a new bill to reduce the taxes back to the George W. Bush era for the 98 percent he said should keep those reduced taxes, once he realizes that raising taxes on the so-called wealthy will only produce about enough money for seven days of federal spending,” said Hatch.