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Politics : Formerly About Advanced Micro Devices
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From: Alighieri1/15/2005 8:16:37 AM
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Compassionate Conservative Update

What’s a President to do when he wakes up and discovers that he broke the bank when he wrote all those tax rebate checks to the already rich? Well, he could ask the rich to relinquish some of those tax breaks. But no, that would be wrong. Instead the best place to begin tightening the fiscal belt is where the belt is already about a tight as it gets – squeeze the poor one more time. Balance the budget on the backs of the poor.

So yesterday the compassionate White House announced it would slash the budget of Department of Housing and Urban Development (HUD.) They figure they can “save” about $8 billion by killing dozens of economic development projects, scrapping a rural housing program and folding high-profile anti-poverty efforts into the Labor and Commerce departments, administration officials said yesterday. It’s all part of Bush “lean and mean” 2006 budget – with apparent emphasis on “mean.”

Among the programs to be cut, Youthbuild USA, a $62 million program to teach teens from poor families home-construction skills, the $24 million rural housing and economic development program will be eliminated as will be the $260 million in economic development projects in poor areas. In all HUD would ultimately lose a quarter of its $31 billion budget.

At the other end of the economic scale Bush $1.6 trillion in tax cuts, which most benefited the rich, go untouched. Yo, George. Where’s the trickle down? So far the only thing rolling down hill is … well you know.
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