Get Your Blog Up

“This administration is populated by people who’ve spent their careers bashing government. They’re not just small-government conservatives—they’re Grover Norquist, strangle-it-in-the-bathtub conservatives. It’s a cognitive disconnect for them to be able to do something well in an arena that they have so derided and reviled all these years.”

Senator Hillary Clinton

Thursday, February 02, 2006

How to pay for all those tax cuts

Here's how:
The House narrowly approved on Wednesday a hard-fought, budget-cutting package that would save nearly $40 billion over five years by imposing substantial changes on programs from Medicaid and welfare to child support and student lending.

With its presidential signature all but assured, the bill represents the first effort in nearly a decade to try to slow the growth of entitlement programs, one that will be felt by millions of Americans.

Women on welfare are likely to face longer hours of work, education or community service to qualify for their checks. Recipients of Medicaid can expect to face higher co-payments and deductibles, especially on expensive prescription drugs and emergency room visits for nonemergency care. More affluent seniors will find it far more difficult to qualify for Medicaid-covered nursing care.

College students could face higher interest rates when their banks get squeezed by the federal government.

Hey, someone's gotta pay so Paris Hilton can keep more of her hard earned money, right? And why not the college bound, the elderly, and the infirm?