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3/08/2005

"Moderate" Republicans Squishy on Tax Cuts

Or so they say. It's unlikely that the moderates have grown a backbone this winter, so their nominal opposition to starving government of revenue won't have much of an impact. At least fiscal sanity still appears to have bipartisan support, even if it's not very deep on the right.

Bush wants a hundred billion in tax cuts over the next five years. Sen. Judd Gregg agreed to put $70 billion on the table at tomorrow's meeting of the Senate Budget Committee. Voinovich, Snowe, Collins, Chafee, and possibly McCain will push for the appearance of paygo, which conservatives will likely accede to, only to reneg.

 

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