WASHINGTON -- The House passed three tax cuts yesterday and plans to approve a fourth today, trimming the federal revenue by $94.5 billion over five years -- nearly double the budget savings that Republicans pushed through the House last month.
This is a key point, 'nearly double the budget savings', in effect raising the deficit and debt of the nation. In addition, Iraq may cost us another 100 billion next year.
In a time of huge deficits, unprecedented debt levels, and record borrowing from other nations, the Republicans want to give the rich more tax breaks.
Typical but disgusting
Tags
Tax Cuts Debt Republicans
No comments:
Post a Comment