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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Scumbria who wrote (133034)	2/17/2001 12:34:23 PM
From: hmaly	Respond to of 1570330

Scumbria Re..We are going to have tax cuts, and increased spending across the board. What does that spell? 1. Deficits. 2. Inflation. 3. High interest rates. Typical Republican. <<<<<<< Why do you believe that? We are going to increase spending (GNP goes up every year, so spending would naturally go up.), of course; but to say spending will go up faster than revenue; just because of increased spending on schools, while a possibility is not an inevitability. I realize you Democrats enjoy raising taxes, (indeed you brag about Bill's tax raise in 1993 as being the centerpiece of Bill's presidency); raising taxes is not my idea of great government. You can raise spending in one area and reduce spending in others and still balance the budget. In fact GW has done it before in Texas. <<<<<Legislative Accomplishments Used the budget surplus for tax cuts. During his tenure, Governor Bush and the Legislature delivered tax cuts totaling nearly $3 billion. In 1997, Governor Bush’s initiative to cut school property taxes resulted in a $1 billion cut that tripled Texans’ homestead exemption for school property taxes from $5,000 to $15,000. The state budget Governor Bush signed in 1999 provides an additional $1.35 billion in school property tax cuts and tax relief, $250 million in consumer sales tax cuts and $255 million in business tax cuts. Substantially increased funding for our public schools. Governor Bush and the Legislature made public schools the number-one funding priority. State spending on public education increased $8.3 billion since 1994-95, representing 56 percent of total state spending increases during Governor Bush’s tenure. State funding per pupil increased 37 percent, from $4,510 to $6,180 and, in 1999 all Texas teachers will receive a $3,000 annual pay increase. Annual teacher pay in Texas has increased by $8,232 on average since 1994-95. These funding increases at the state level are designed to help relieve the tax burden on property owners and help equalize funding among Texas school districts. Kept overall government spending under control. During Governor Bush’s first term, state spending increased only 1.6 percent when adjusted for inflation and population. By the end of the 2000-01 biennium, state spending will have grown by only 2.7 percent since 1994-95, when adjusted for inflation and population. <<<<< http://www.governor.state.tx.us/Fiscal/index.html Just because you democrats don't have a clue how to control you irresistible urge to spend, spend , spend and tax,tax, tax, ; doesn't mean GW doesn't. In fact GW was voted last yr, as the 2nd thriftiest governor in the nation last yr. I have no idea why thrift seems to be such an obscene word in the democratic party; but you might want to investigate.