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
Tax Cuts Debt Republicans