Obama's new budget.
Today is FULL of good news!
The mother of all budgets - How the World Works - Salon.com:Republicans will call it class warfare. They will be correct. This budget will tax the rich and big business for the benefit of the rest of the population. Hedge fund managers will get hit hard, and U.S. based multinationals will lose tax breaks on overseas earnings. It is a profound reversal of the last 30 years of government policy. But Republicans have no one to blame but themselves. If you cut taxes on the rich and then the rich drive the economy into a ditch, your position of moral superiority becomes shaky.
The new budget includes a cap-and-trade program, significant health-care reform, big boosts for education, another cool $250 billion in reserve for more banking system stabilization, and a one-billion-a-year high-speed-rail grant program. Just for starters.
The mother of all budgets - How the World Works - Salon.com:Republicans will call it class warfare. They will be correct. This budget will tax the rich and big business for the benefit of the rest of the population. Hedge fund managers will get hit hard, and U.S. based multinationals will lose tax breaks on overseas earnings. It is a profound reversal of the last 30 years of government policy. But Republicans have no one to blame but themselves. If you cut taxes on the rich and then the rich drive the economy into a ditch, your position of moral superiority becomes shaky.
The new budget includes a cap-and-trade program, significant health-care reform, big boosts for education, another cool $250 billion in reserve for more banking system stabilization, and a one-billion-a-year high-speed-rail grant program. Just for starters.