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View Full Version : US Republicans say hurricane won't stop budget cuts


eeper69
09-08-2005, 11:36 AM
WASHINGTON, Sept 7 (Reuters) - Republicans in Congress on Wednesday rejected calls by Democrats to suspend work on tax cuts, that would mainly benefit the rich, and spending reductions on social programs because of the huge costs of hurricane relief.

"Now is not the time to cut services for our most vulnerable, cut taxes for our most fortunate and add $35 billion to the deficit," the Democratic leaders of the Senate and the House of Representatives said in a letter to their Republican counterparts.

The committees are also scheduled to approve $70 billion in tax cuts this month. The cuts could be extensions of reductions on capital gains and dividends, which affect mainly the incomes of the wealthy.

The Democrats said that budget plan "would likely cut programs that many victims of Hurricane Katrina will be relying on" and asked that it be suspended "indefinitely."

Linky:
http://www.alertnet.org/thenews/newsdesk/N07195901.htm

302Riz
09-08-2005, 11:38 AM
Which programs would that be? Does the article or can you specify?

hadit
09-08-2005, 01:51 PM
WASHINGTON, Sept 7 (Reuters) - Republicans in Congress on Wednesday rejected calls by Democrats to suspend work on tax cuts, that would mainly benefit the rich, and spending reductions on social programs because of the huge costs of hurricane relief.

"Now is not the time to cut services for our most vulnerable, cut taxes for our most fortunate and add $35 billion to the deficit," the Democratic leaders of the Senate and the House of Representatives said in a letter to their Republican counterparts.

The committees are also scheduled to approve $70 billion in tax cuts this month. The cuts could be extensions of reductions on capital gains and dividends, which affect mainly the incomes of the wealthy.

The Democrats said that budget plan "would likely cut programs that many victims of Hurricane Katrina will be relying on" and asked that it be suspended "indefinitely."

Linky:
http://www.alertnet.org/thenews/newsdesk/N07195901.htm

Easy does it. These are not new tax cuts. They are (hopefully permanent) extensions of existing tax cuts. The democrats have been waiting for an opportunity like this to raise taxes again.

Monster
09-08-2005, 02:21 PM
Newsflash: The government NEEDS taxes in order to pay for all the things that citizens demand of it.

The way the White House is handling money right now, with $400 trillion here and $486 billion there, and now another $51.x billion another place, how can we honestly expect to get all of these things for free?

hadit
09-08-2005, 03:39 PM
Newsflash: The government NEEDS taxes in order to pay for all the things that citizens demand of it.

The way the White House is handling money right now, with $400 trillion here and $486 billion there, and now another $51.x billion another place, how can we honestly expect to get all of these things for free?

We shouldn't. Bush should be vetoing spending bills left and right. It's one of his biggest mistakes. Had he done that from the start, the federal budget would be in a much better position now.

BooRadley
09-08-2005, 03:43 PM
Debt spending always goes up under Republicans. Nothing new.

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