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Politics : The Donkey's Inn -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (2002)1/12/2002 4:39:19 PM
From: Mephisto  Respond to of 15516
 
Kennedy to Call for a Delay in the Next Phase of Income Tax Cuts

January 12, 2002
The New York Times

By ELISABETH BUMILLER

WASHINGTON, Jan. 11 -
Senator Edward M. Kennedy is
expected to call next week for a delay
in the next round of personal income
tax cuts enacted in 2001 as part of
President Bush's $1.35 trillion,
10-year tax reduction, Congressional
aides said.


Mr. Kennedy, a Massachusetts
Democrat, would be the most
prominent member of his party so far to call for a delay in Mr. Bush's tax cuts,
which Democrats say benefit mostly upper-income taxpayers. Although Democrats
have increasingly blamed the tax cuts for the faltering economy,
most have been
reluctant to call for their rollback or delay, fearful that the president and other
Republicans will paint them as the party of higher taxes.

The White House has almost dared the Democrats to call for a rollback of the tax
cuts. Ari Fleischer, the White House spokesman, said many times this week that as
far as Mr. Bush was concerned, any call for a rollback or delay in future tax cuts
would be a tax increase. He said today that Mr. Kennedy would be doing "the
wrong thing for the country by advocating that we raise taxes on the American
people."

Although Senator Tom Daschle of South Dakota, the Democratic leader, has said
that the tax cut has caused the "most dramatic fiscal deterioration in our nation's
history," he has been silent on whether it should be delayed or rescinded. Polls
show that many voters blame the Sept. 11 attacks, not Mr. Bush's policies, for the
faltering economy. Mr. Daschle is considered a potential presidential candidate in
2004.

The aides said Mr. Kennedy wanted to use the money
from any delay in the tax cut for domestic programs, like
prescription drug benefits for the elderly and investments
in education and health care.

Mr. Kennedy is expected to call for the delay in a speech on Wednesday at the
National Press Club.



To: Kenneth E. Phillipps who wrote (2002)1/12/2002 4:41:57 PM
From: Mephisto  Respond to of 15516
 
"What is your reaction to Bush submitting a budget which is in deficit by $100 billion?"

W is irresponsible. He stole the surplus! Americans may not realize how Bush spent the
Clinton surplus.

Debunking the Big Spending Myths offers insight into what has happened with budget
deficits and surplus over the years
See:
Message 16900310