Monday, September 08, 2003
Now that Bush has wussed out on the UN, how about wussing out on tax cuts for the rich?
Oh, sorry. I didn't mean to say "wussed out." I meant to say "made a mid-course correction." Ronald Brownstein of the LA Times writes:
"Rattling the tin cup"—that's pretty good!
Next year, the federal government is projected to take in revenue equal to just 16.2% of the economy. That's the lowest level since 1959 — long before Medicare, Medicaid and large-scale federal aid to schools, much less a massive obligation to strengthen homeland defenses and rebuild Iraq.
Surely it wouldn't be easy for Bush to acknowledge that his tax-cut agenda has left Washington without the funds to meet his other goals. But could it really be more difficult than rattling the tin cup for Jacques Chirac and Gerhard Schroeder?
"Rattling the tin cup"—that's pretty good!
