The deficit is high, the debt is growing, the war’s financial costs are exorbitant, and the nation is just coming to grips with the need for a sizab
The deficit is high, the debt is growing, the war’s financial costs are exorbitant, and the nation is just coming to grips with the need for a sizable investment in the nation’s bridges and infrastructure.
President Bush said yesterday that he is considering a fresh plan to cut tax rates for U.S. corporations to make them more competitive around the world, an initiative that could further inflame a battle with the Democratic Congress over spending and taxes and help define the remainder of his tenure.
Advisers presented Bush with a series of ideas to restructure corporate taxes, possibly eliminating narrowly targeted breaks to pay for a broader, across-the-board rate cut. In an interview with a small group of journalists afterward, Bush said he was “inclined” to send a corporate tax package to Congress, although he expressed uncertainty about its political viability.
As Kevin Drum put it, "He really is like a windup doll, isn't he? No matter what's going on in the outside world, no matter what problems we're facing, no matter what the political situation is, you pull the cord and he says 'Tax cuts!' It's like he's the Manchurian President."
Introducing his new running mate on Saturday, Republican presidential nominee Mitt Romney boasted, "We offer solutions that are bold, specific, and achievable." Number Two dutifully followed Number One, as Paul Ryan then promised voters, "We Read more...
Here we go again with another Republican telling us we need to make the income disparity in the United States worse. Right now I'm thinking the least amount of damage that so-called "super committee" could do right now is just to remain Read more...