Need proof of how pork-addicted Congress has become? Consider this: Some in the Senate are looking for ways to shift funds from the troops in Iraq to some of their favorite pet projects.
At risk is the $94.4 supplemental spending bill President Bush requested from Congress to provide $92 billion for hurricane relief and the troops in Iraq, and $2.4 billion for avian flu response. Despite his warning that anything more would be vetoed, several senators abused the legislation’s must-pass status to add $14 billion in wasteful pork-barrel goodies for influential constituents, labor unions and corporations.
Sen. Tom Coburn, Oklahoma Republican, introduced several amendments to strip these earmarks, but despite some close votes, all but one lost.
An Instapundit reader emailed:
“Our troops in Iraq and Afghanistan risking their butts, but our senators don’t want to risk their seats.”
Meanwhile, If conservatives can’t balance the budget, someone else can
The whole farce reveals that tax tinkering — raising or cutting taxes — is always the easy part of preparing a budget. The other half of the work, setting priorities and cutting spending on the low priorities, is the hard part — the balancing part.
Obviously, no one is working hard.
I’d like to point out that I don’t believe that ending the tax cuts is necessary to balance the budget, and I feel very strongly about this. But the point that cutting spending is the hard part of budget balancing is an important one, and why efforts like Pork Busters might make a real difference. Or not.
Why is Murdoc against cutting the tax cuts in this time of war and huge deficits? Well, in part because April Tax Revenue 2nd-Highest in History.
A flood of income tax payments pushed up government receipts to the second-highest level in history in April, giving the country a sizable surplus for the month.
In its monthly accounting of the government’s books, the Treasury Department said Wednesday that revenue for the month totaled $315.1 billion as Americans filed their tax returns by the April deadline. The gusher of tax revenue pushed total receipts up by 13.4 percent from April 2005.
It marked the largest one-month receipt total since the government collected $332 billion in revenue in April 2001, reflecting a boom in capital gains from stock investors lucky enough to cash out their investments before the bursting of the stock market bubble in early 2000.
Lower taxes mean people have more money so they spend more money so they pay more tax. Murdoc is 95% sure that he will ALWAYS ALWAYS ALWAYS vote for politicians who cut taxes.
90% of George Bush’s domestic policy is complete garbage. The tax cuts offset much of that and I’d lean strongly toward voting for him AGAIN based upon that and his foreign policy.
Don’t like deficits? Cut the budget. Duh.