Democrat Congress' threat to economy
WASHINGTON - House Democrats neared initial approval of an election-year budget blueprint late Wednesday that would produce sizable surpluses by 2012 by allowing President Bush's tax cuts to expire as scheduled.
if Democrats make the Bush tax cuts expire, they will have effected a huge tax increase at a time when the economy need less burdens on production, not more. This will be a huge blow to the economy and send it reeling. Why are the Democrats' threatening the economy like this? Because to do anything else would force them to give up on their giveaway programs and promises. It took the Republicans 12 years to get a bit too comfortable with earmarks, special interest politics and lavish spending, a habit that cost them their majority ... But it took the Democrats barely 12 months to do the same. Speaker Pelosi, Senator Reid and the Democrats in Congress have approved 276 BILLION in new spending above the increase Bush has approved. There are few signs that their bad habits are being noticed.
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