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06/29/2003 Archived Entry: "forget anymore tax cuts"

FORGET ANYMORE TAX CUTS: This Medicare prescription drug benefit is probably the dumbest thing the Bush administration has done on domestic policy yet. If this passes, particularly with many of the provisions contained in the Senate version backed by Ted Kennedy, it will grow government and potentially worsen the looming entitlements crisis. Additionally, by assuming this new burden the administration will make it more difficult to ask for tax cuts in the future, even as real-income bracket creep and the alternative minimum tax conspire to raise tax bills automatically.

Donald Lambro at the Washington Times reports that conservatives aren't happy. And they shouldn't be.

Replies: 1 Comment

It is a bad move...It's like Dubya is trying to be all things to all people. That usually means nothing to nobody.

Posted by Steve Martinovich @ 06/29/2003 04:29 PM EST