Currently browsing category

Economy, Page 66

Help the federal gov’t trim the pork!

We know the costs of the relief and rebuilding efforts on the Gulf Coast as a result of Hurricane Katrina are going to go into the billions ($200B and probably more).   The President has said that taxes will not be raised in order to pay for the rebuilding but instead that Congress will have to take a long hard look at the budget and start trimming some pork.   This was especially interesting, considering that just a couple of days prior to the President saying that, House Majority Leader Tom DeLay (R-LaLa Land) declared an "ongoing victory" in Congress in terms of cutting fat in the federal budget......   [Read More]