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Politics : PRESIDENT GEORGE W. BUSH

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To: greenspirit who wrote (149221)5/28/2001 1:08:51 PM
From: E  Read Replies (1) of 769670
 
Any problems with this? Fine with you?

<<<<Here's what they did: they made the tax bill fit within the budget resolution by assuming that the whole tax cut will expire at the end of 2010. That is, they simply waved their hands and made all the revenue that will actually be lost in the last year of the 10-year period — hundreds of billions of dollars — disappear from the accounting. One of my Capitol Hill contacts calls this "the miracle of the loaves and fishes."

Need I point out that absolutely nobody who supports this tax bill thinks of it as a temporary measure, to be canceled at the end of nine years? This is white-collar crime, pure and simple.>>
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