Thursday, September 08, 2005

Tax-Cuts Still A Go

Republicans in Congress on Wednesday rejected calls by Democrats to suspend work on tax cuts, that would mainly benefit the rich, and spending reductions on social programs because of the huge costs of hurricane relief.

"Now is not the time to cut services for our most vulnerable, cut taxes for our most fortunate and add $35 billion to the deficit," the Democratic leaders of the Senate and the House of Representatives said in a letter to their Republican counterparts.

Congressional committees face a September 16 deadline to come up with $35 billion in spending reductions over five years to programs including the Medicaid health-care program for the poor, student loans, food stamps and pension insurance.

The committees are also scheduled to approve $70 billion in tax cuts this month. The cuts could be extensions of reductions on capital gains and dividends, which affect mainly the incomes of the wealthy.

The Democrats said that budget plan "would likely cut programs that many victims of Hurricane Katrina will be relying on" and asked that it be suspended "indefinitely."

It's hard not to rage when you read this kind of stuff. I ask Republicans again – What has this administration ever done for YOU that you support him so fiercely? Most of you are not rich, you never will be rich so stop acting like one day the Republicans will be there to save your 2 pennies worth of taxes.

1 Comments:

>>>>>> Blogger qt said...

Republicans prefer to tax their children, instead...meaning we'll just add to the national debt right now. Eventually, it'll have to be paid off...Eh! Let our children do that!

It's pathetic, if you ask me!

9/09/2005 1:26 PM  

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