Lessee. The massive job creation which was to be spurred by the tax cuts, that hasn't happened. And they want more tax cuts.
Greenspan is warning that the deficits, record deficits, could be bad for the economic welfare of the country. (The guy's a genius.) An Republicans love nothing more than a huge deficit.
The economy is weakening. The balance of payments is way out of control, leaving future decisions about the American economy and well-being of it's citizenry in the hands of foreigners.
And the Republicans want more tax cuts. As they say, "When the laws can be used to plunder, the plunderers will make the laws."
Republicans reach tentative budget deal
The Associated Press
Updated: 10:56 a.m. ET April 28, 2005WASHINGTON - "House and Senate Republican leaders have reached tentative agreement on a budget that envisions $10 billion in Medicaid savings over the next five years and at least $70 billion in tax cuts, congressional officials said Thursday."
Arf
Budget "Agreement envisions tax cuts, Medicaid savings, Arctic drilling"
