Congress endorses post-Bush tax hikes
Both houses of Congress endorsed the idea of tax increases for millions of Americans Thursday as Democrats pressed ahead with budget plans that would allow some or all of President Bush’s reductions to die after he leaves office.
Essentially the Democrats are saying that we need to raise revenues to balance the budget without reducing essential services. And that the poor and middle class do not have the resources to have the cost pressed on them.
The GOP believes that the best way to balance the budget is by reducing services. But I just don’t see how it is realistic or honorable to reduce medical care and other services to the disadvantaged or to veterans. The Republicans risk being perceived as arguing in favor of promoting suffering so that significantly better off individuals can remain significantly better off. I imagine a majority of voters will see it this way as well.
But there are other reasonable ideas for refining our budget: Increasing Medicare co-payments and Social Security tax caps, lowering earmarks, reduced waste in our public expenditures (subsidies) and unjustified favors in our tax system.
It may be that the addition of a few Centrist legislators might be the tipping point to achieve a more realistic budget. So please consider supporting congressional candidates who give some indication that they have more allegiance to pragmatic government than their party’s pursuit of power.
Born 1950, Married, Living in Austin Texas, Semi
Retired Small Business owner and investor. My political interest
evolved out of his business experience that the best decisions come out of an objective gathering of information and a pragmatic consideration of costs and benefits. I am interested in promoting Centrist candidates and Policies. My posts are mostly about people and policies that I believe are part of the solution rather the problem.