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Politics : PRESIDENT GEORGE W. BUSH
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To: DuckTapeSunroof who wrote (424729)7/9/2003 3:43:14 PM
From: American Spirit  Read Replies (2) of 769670
 
The debate now is how to pay off huge deficits both at the state and federal level. Seems elementary math you can't pay them off unless you either slash very popular programs, including the military, or you raise taxes. And just cutting federal taxes doesn't work because state taxes go up as a result, the states getting less revenue from the federal government. It's a very nasty situation now and we can't cut taxes and spend-spedn-spend our way out of it. A balanced approaches is best, so we dont have to shut down schools, hospitals and fire cops, firemen, etc. Grey Davis is offering such a compromose (2/3rs spending cuts 1/3 tax hikes) but the GOP isn't buying it. Mainly because they want to kill Davis off while they see a chance. On the federal level, the budget crisis is being pushed to 2005 or beyond. No fiscal responsibility at all on the part of Bushies.
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