Facing huge deficits, enormous military spending, natural disasters of unprecedented scale, and unstable energy cost the Republicans have a choice; They could scrap their tax breaks for multi millionaires, or they can cut services to the sick and poor. Of course we know where the republican decided to focus.
Beginning this week, House GOP lawmakers will take steps to cut as much as $50 billion from the fiscal 2006 budget for health care for the poor, food stamps and farm supports
but what of the tax cuts?
Republicans intend to follow a budget drafted earlier this year that would extend tax cuts that were set to expire, he said. Those extensions would add $70 billion to the deficit.
That tax package was to have been developed and debated this month under a schedule laid out in spring. Instead, it will be delayed by several weeks or a month to make room for Hurricane Katrina legislation, the chairmen of the House and Senate tax-writing committees said.
Anyone notice that tax cuts will cost the nation more than the Katrina Response. If they just do not give the rich more tax breaks, the Katrina offsets are paid for, and we have a little left over to help balance a budget that is still over 300 billion out of balance.
1 comment:
GREAT!!! My wife and I are probably going to have to go on food stamps soon. F**K!!
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