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National Memo Editor-in-Chief Joe Conason appeared on MSNBC’s “PoliticsNation” last night alongside host Al Sharpton and The Washington Post’s Nia-Malika Henderson to discuss President Obama’s announcement that he will push to extend Bush tax cuts for those earning less than $250,000 a year, while letting the wealthiest Americans’ tax cuts expire. While Sharpton recalled the Clinton era, when the former president raised taxes on the wealthy to nearly 40 percent — which created 20.8 million private sector jobs — Conason noted that Sharpton left something out: “When President Clinton came into office, we had what was then considered a huge deficit,” and after Clinton proposed a tax increase, “The Republicans screamed, as you recall. Not one Republican vote…they all said… this will cause a recession, depression, worse. And we know what actually happened.” What happened wasn’t a recession or a depression, but instead, a historic economic surplus.

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On the contrary, the Bush era brought about a tax cut to 35 percent, a loss of 663,000 jobs, and a national debt of $4.9 trillion. Romney and the Republicans are proposing even more extensive tax cuts for the wealthy — haven’t they learned from history? 

Donald Trump has been hit with yet another allegation of sexual assault, the Guardian reported on Thursday.

Amy Dorris, a former model, said Trump kissed and groped her without her consent during the 1997 US Open tennis tournament in New York.

She is at least the 42nd woman to accuse Trump of sexual assault or rape.

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