$58 billion dollars. That’s it. For the remaining 7 months of the year, the grand total of his cuts amounts to $58 billion dollars. All of it is coming from Non-Security Discretionary spending. We’re going back to the spending of 2008. Woo Hoo! Gonna be good for the country.
Except, it’s not.
You see the Republicans got their tax cut extension for the one group in America who can afford it: the rich. Do you have any idea how much money that is? No? Well, let me tell you. Giving a tax cut to the people who 1) caused the economic mess and 2) haven’t been hiring and 3) treat their employees like chattel in a bad economy, because – well, where the heck are you going to go? has cost the country’s coffers $139 billion.
So, we gave a tax cut to the rich and powerful, but those who need the assistance will end up losing. Does that make sense?
I understand we have to cut our budget, but when the economy is just starting to improve – now is not the time to do so. The rich can afford to pay their taxes. If you’ve ever read Paul Ryan’s Roadmap for America, you’ll see that he considers a single person earning $50,000 per year rich enough to pay 25% of their hard-earned salary to the Federal Government. If you’re married, you get to earn $100,000. But, people who earn $379,000, can’t afford 39%? Excuse me?
Considering, with the dismantling of medicare and the underfunding of Social Security, that I won’t ever take Federal money, I find it really disgusting that Ryan is going after the single middle class so hard. The Republicans don’t or won’t support gay marriage, but they sure love to take our money at tax time, don’t they?
Just my little rant for the day…