Thursday, September 22, 2005

Say It Loud

From Americablog,

"Bush's tax cuts cost us more money in 2004 than we even need to pay for Katrina - they're costing us $300bn in 2004 alone.
The three rounds of tax-cut legislation (in 2001, 2002, and 2003) account for a substantial share of the nation’s current deficit.

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The tax cuts would reduce revenues by $276 billion in 2004, according to Joint Committee on Taxation estimates. Further, the interest costs associated with the enacted tax cuts would equal $20 billion, using Congressional Budget Office assumptions. The total cost would therefore be $297 billion, or 2.6 percent of the economy (or GDP).
Yes, Congress' own numbers say that Bush's tax cuts cost us almost $300bn in 2004. We need $200bn or so for the hurricane. You do the math. Iraq cost us $300bn. You do the math. It is ridiculous what this man has done to our country."

1 Comments:

Blogger Bill said...

Now now! Such language you use to describe the workings of our governmen. Fucked up? Oh well, I guess you're not blind. Check out http://www.hoax-buster.org
From the written historical record, Moses and Jesus are the same person, the Egyptian Pharaoh, Amenophis IV who just happened to look a lot like a gay female.

1:14 PM  

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