Friday, September 23, 2005

And Now For Something Completely Different ...

Senate Budget Committee Chairman Judd Gregg (R-NH) refused to rule out a number of tax-related measures -- including deferring President Bush's desired $70 billion of additional tax cuts -- as a way to offset spending for Hurricane Katrina relief.

"We've got two sides to the ledger," Gregg said on Sept. 21. "I'm willing to look at a revenue solution ... as part of a package."

Unfortunately, when Gregg recommended a "balanced package" of spending cuts and tax cut rollbacks, "he was met with stony silence."

If Gregg can convince his colleagues on the right side of the aisle of the importance of some fiscal responsibility -- the key word being "some," given the possibility of a $500 billion-plus deficit in FY 2006 -- that would be "good news."

1 Comments:

Anonymous JollyRoger said...

El Shrubbo has made an Orwellian joke out of the "Conservative Movement" in America. I see no reason for the Orwellian twists to end, since accodring to them, we're winning in Iraq, the economy was never better, detaining AMerican citizens without charges is oprotecting freedom, etc...

10:00 PM  

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