Tuesday | March 25, 2003
Congress cuts Bush's tax cut in half
Just yesterday it seemed the Senate had unexpectedly given Bush the bulk of his tax cuts. Today, everything changed.
The Republican-led U.S. Senate on Tuesday unexpectedly voted to slash President Bush's proposed $726 billion tax cut plan to $350 billion amid growing worries about the cost of war in Iraq and rising deficits.This is where things will get interesting. DeLay's House has vowed that it won't pass any budget without the tax cuts. GOP "moderates" in the House have indicated they will vote with Democrats for the smaller package, but who the heck can ever trust those so-called moderates? They obviously live in mortal fear of DeLay. Posted March 25, 2003 06:54 PM | Comments (36)