HolyCoast: Big Tax Hikes Coming Thanks to New Dem Budget
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Friday, March 14, 2008

Big Tax Hikes Coming Thanks to New Dem Budget

Congress just can't help itself. They can't stop the pork-barrel spending, and they can't wait to allow the Bush tax cuts to expire and deliver a huge tax hike to the voters :
WASHINGTON (AP) - The Senate rejected calls from both parties' presidential candidates to take an election-year break from pork-barrel spending as a Democratic-run Congress passed budget plans that would torpedo hundreds of billions of dollars in tax cuts won by President Bush.

John McCain, the GOP nominee-to-be, couldn't attract even a majority of Senate Republicans to vote with him Thursday night behind the earmark moratorium touted by party conservatives as a way to restore the GOP's credibility with voters.

It failed on a 71-29 vote. Only three Democrats joined with Hillary Rodham Clinton and Barack Obama in voting for it.

The underlying House and Senate Democratic federal budget plans for 2009, though nonbinding, drew blasts from Republicans for allowing some or all of Bush's tax cuts to die in about three years.

The House passed its $3 trillion budget plan by a 212-207 vote. It would provide generous increases to domestic programs but bring the government's ledger back into the black, but only by letting all of Bush's tax cuts expire at the end of 2010 as scheduled.

The Senate passed a companion plan by a 51-44 vote. It endorsed extending $340 billion of Bush's tax cuts but balked at continuing all of them. The competing versions head to talks in which the House is all but certain to accept the Senate's position endorsing tax cuts for the working poor, married couples, people with children and for those inheriting large estates.

Did you notice any mention of spending cuts? Any inefficient government programs scrapped? Any entitlement programs trimmed?

Of course not.

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