Budget Problems

The 2007 fiscal budget has been put on hold for a while, while there is a recess approaching for congress. The hold up appears to have come from Republican infighting. As we know, when elections come, and Republicans need to get more support, they mimic Democrats to fool voters. Some moderates want extra money for health and services. Also, the $70 billion in tax cuts appears to have failed. This is great news, as the tax on Capital gains goes back up to 20%, and dividends are counted in normal income. The benefit of this is that this affects the rich, who are able to fund the government without interrupting their livelihoods, instead of our usual “screw the poor and middle class” Republican philosophy. This will help keep our deficit in the “terribly bloated” range, and not in the “criminally excessive” range. I’d have no problems with a deficit to fund constituent services, and not our $547 military bill.

Also to note: this could be the last budget that the Republicans completely control. Next budget should have a Democratic House to work with!