Friday, October 24, 2003

Rupublicans Find the Answer to Looming Deficits

And that answer would be:

"House Republican leaders are nearing agreement on a bill to give nearly $60 billion in additional tax breaks to corporations, brushing aside Democratic complaints that the measure would deepen the federal budget deficit."
Couldn't you just see that one coming?

The House proposal would include giving breaks to those wonderful corporate citizens who make money out of country and bring those profits back into the U.S.

Just how did this bill come about?

"According to a new report by the Center for Responsive Politics, a group that scrutinizes campaign finance, companies in one or another of the coalitions lobbying over this issue contributed $753,000 to members of the Senate Finance Committee and $700,000 to members of the House Ways and Means Committee in the first half of 2003."
Surprised? I didn't think so.

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