The logic of this stuns me

or maybe just the cruelty

So the new nonpartisan CBO budget projections are out, and the long and the short of it is that if GWB's tax cuts are made permanent, there is no end in sight to the budget deficits. The government won't be able to take in as much money as it spends for the foreseeable future. This means that paying off the national debt will become a larger and larger part of our lives and our children's lives. There is a simple and obvious solution to this which is to rescind the tax cuts. We've got a war to pay for and cities to rebuild. Now is not the time to ask Americans to contribute less to the cause. Of course, what the Republicans are proposing instead is something much worse. Rather than ask the wealthy to pay more (since the tax cut favored the highest tax brackets the most), they are instead asking the poor to survive on less. In 2004, the budget deficit was 413 BILLION DOLLARS. For last year it is projected to be 318 Billion. In order to "close the gap" the Republican congress and White House are pushing to reduce programs to help the poor and sick by several million dollars and to then call that even. What kind of crack is K street dishing out these days?

I can't wait for the new "Health Savings Plan" announcement. This is either incredibly stupid or just obviously cruel. A huge percentage of Americans have no health insurance or benefits. This is due to the costs of insurance being so high for those on limited means. The Republicans response is to allow Americans to put aside money tax-free that they can use on health care. So, in effect, this will be another tax cut. I can't wait for the details because to me this just looks like another way for the richest to skip out on paying their fair share while simultaneously screwing the poor and making corporate America better off for it.

Posted: Sat - January 28, 2006 at 03:18 PM           |