23
Sep
2005

This is going to hurt you more than it's going to hurt me

Salon War Room
by Tim Grieve

As Think Progress notes today, the $200 billion the federal government may need to pay for Hurricane Katrina could be covered entirely -- and then some -- by simply rolling back the 2001 and 2003 tax cuts for the wealthiest 1 percent of Americans.

As we reported yesterday, House Republicans have another way to come up with the money: They want to carve $500 billion in spending out of the federal budget. How would they do it? Their "Operation Offset" plan is online now, and it it's full of brave talk about the "tough choices" that will be required in these "tough times." We'll acknowledge that some of the choices listed therein are, in fact, pretty tough: If you don't want to roll back tax cuts for millionaires, you're going to have to tell Republican Rep. Don Young why he can't have his $200 million bridge to nowhere and America's seniors why they need to wait an additional year for help with their prescriptions. [...] Read more at http://www.salon.com/politics/war_room/index.html


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