Current Events — HabitableZone

Current Events

Deal in Congress to Keep Tax Cuts, Widening Deficit

By EDMUND L. ANDREWS Published: September 23, 2004

ASHINGTON, Sept. 22 - "Putting aside efforts to control the federal deficit before the elections, Republican and Democratic leaders agreed Wednesday to extend $145 billion worth of tax cuts sought by President Bush without trying to pay for them.

"At a House-Senate conference committee, Democratic lawmakers abandoned efforts to pay for the measures by either imposing a surcharge on wealthy families or closing corporate tax shelters."

Oh, those fiscal conservatives. Ya gotta admire them.

Arf (Bow, what they gonna do when there's NO middle class? Hire more servants - it's job creation, after all.)

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