TAXES -- HOUSE TAKES FROM THE POOR, GIVES TO THE RICH:
http://www.americanprogressaction.org/site/apps/nl/content2.asp?c=klLWJcP7H&b=914257&ct=1715627The House of Representative is pushing through more tax cuts for the rich. Today the House will consider a massive tax cut package for wealthy investors. The proposal would "cost the Treasury $20.6 billion through 2010 and nearly $51 billion through 2015, according to the congressional Joint Committee on Taxation." The drain on the treasury would exceed the painful budget cuts the House pass last month in the name of fiscal responsibility. That bill cut expenditures by "$50 billion over five years by imposing new fees on Medicaid recipients, trimming the food stamp rolls, squeezing student lenders, and cutting federal child support enforcement."