For the first time in history our generation will leave a lesser nation for the next generation. -- Senator Ernest Hollings (D-South Carolina)
Hollings' column on the deficit and tax cut is outstanding! Here's a sample:
Borrow we will. This is just the first installment of the Republican-passed budget that increases the debt from $6 trillion to $12 trillion over the next 10 years. That is an average $600 billion deficit each and every year for a decade. It took 38 presidents and 192 years to reach a trillion dollars in debt; it took Ronald Reagan four years, and it is taking George W. Bush just halfway through his term. The Bush policy takes Reaganomics to the extreme, and if it means getting rid of the government at the same time, so be it.
I hesitate to add the president is not alone in his mission. The Democratic Party is in lock step with him. When President Bush says we need not pay for the war, the Democrats agree. This is the first time we have sent GIs to fight a war and then want them to hurry back home to pay the bill. We in Congress are not going to pay for it. We need a tax cut to get elected next year.
Why are our only good senators southern octagenarians?
Hollings' column on the deficit and tax cut is outstanding! Here's a sample:
Borrow we will. This is just the first installment of the Republican-passed budget that increases the debt from $6 trillion to $12 trillion over the next 10 years. That is an average $600 billion deficit each and every year for a decade. It took 38 presidents and 192 years to reach a trillion dollars in debt; it took Ronald Reagan four years, and it is taking George W. Bush just halfway through his term. The Bush policy takes Reaganomics to the extreme, and if it means getting rid of the government at the same time, so be it.
I hesitate to add the president is not alone in his mission. The Democratic Party is in lock step with him. When President Bush says we need not pay for the war, the Democrats agree. This is the first time we have sent GIs to fight a war and then want them to hurry back home to pay the bill. We in Congress are not going to pay for it. We need a tax cut to get elected next year.
Why are our only good senators southern octagenarians?
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