10.27.2004

Austerity during times of war: Last week Bush quietly signed a whoppin' $140 billion corporate tax cut into law (quietly, because he did it aboard Air Force One, rather than at the typical public ceremony), and now he's requesting an additional $70 billion in emergency funds for Iraq. What an unbelievable case of fiscal mismanagement and lack of planning. As 1115.org points out, "Dick Cheney made a big deal in his debate with John Edwards about the war not costing $200 Billion. The latest request would bring the total to $225 Billion. Even Cheney can't spin $225 Billion into less than $200 Billion."

Of course, if elected, Bush still plans on making his multi-billion-dollar tax cuts permanent. With a record deficit and unending cost increases in Iraq, enjoy those cuts now, because you'll be paying for them in other ways for generations to come.

Worth revisiting: Bush's Scorecard of Evil.

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