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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (131951)	2/8/2001 6:04:06 AM
From: Scumbria	Read Replies (1) of 1570535

Jim, Are Congressional Republicans brain-damaged? "The last time I saw a tax cut of this size coupled with proposals for significant increases in defense spending was 20 years ago in the first term of Ronald Reagan (news - web sites),'' Rep. Michael McNulty (news - bio - voting record), a New York Democrat, said after members of Congress met Bush at the White House on Wednesday. 'And that proposal resulted in the largest budget deficits in the history of the country and, over a 12-year period after that, quadrupled the national debt,'' McNulty said. ``I don't want to see that happen again; I don't want to go back to the days of deficit spending.'' But some leading Republican lawmakers say the cut should be even larger to stimulate a slowing economy and were considering adding on other tax breaks. " dailynews.yahoo.com Scumbria

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