Friday, December 16, 2005

Something to Think About

The Deficit Reduction bill which passed the House in November would cut spending by $50 billion over five years. The Tax Cut extension in the House would cause a loss of revenue (the exact same thing as an increase in spending) of $56.1 billion over five years. So Congress is taking money from social programs (which benefit the poor), handing it directly to other citizens (the rick ones, primarily), and is also increasing the deficit by $6.1 billion. Yet they will still claim to have done what is best for America.

And we thought Arthur Anderson used tricky accounting.


Blogger LP Mike Sylvester said...

Arthur Anderson DID use tricky accounting. The government uses even "tricker" accounting.

The Republicans have 100% failed fiscal conservatives.

Do you remember back in 1994 when they promised to reduce the size of The Feeral government and to balance the budget? That seems like centuries ago...

They promised term limits too...

10:37 PM  

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