Daily Archives: Thu, Mar 13th, 2008

Democrats Vote to Kill Most Bush Tax Cuts

ImageToday both the House and Senate voted to let many of the Bush tax cuts expire in 2010. The House Democrats budget plan would increase spending on domestic programs, and pay for it by letting all of the Bush tax cuts die. The Senate was much choosier. It extended $340 billion worth of tax cuts for middle and upper income people, businesses, and those inheriting large estates.

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The Return of the Flip-Flopper

ImageIn 2004, President George W. Bush was able to win reelection in part based on his campaign’s ability to characterize his opponent John Kerry as a flip-flopper, a.k.a. a politician who changes his views as easily as the wind blows. Bush famously characterized Kerry as being for the Iraq war before he was against it.

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