Cold cuts

The nation's financial priorities
What are the nation’s financial priorities these days, besides paying for the cost of invading and rebuilding Iraq? One clue came out of the House of Representatives in March. Seeking to accommodate President Bush’s call for a $1.4 trillion tax cut over ten years, the House passed a budget resolution that included a laundry list of cuts in domestic programs. According to an analysis by the Center on Budget and Policy Priorities, most of the cuts were slated to come from programs for children, the elderly and the disabled—from school lunches, child health insurance, veterans’ benefits, Medicaid, Supplementary Security Income and the Earned Income Tax Credit.

 

This article is available to subscribers only. Please subscribe for full access—subscriptions begin at $4.95. Already have an online account? Log in now. Already a print subscriber? Create an online account for no additional cost.

This article is available to subscribers only.

To post a comment, log inregister, or use the Facebook comment box.