Tax Cuts!

TAX CUTS!....Here's the latest desperate plea for attention from the White House:
President Bush said yesterday that he is considering a fresh plan to cut tax rates for U.S. corporations to make them more competitive around the world, an initiative that could further inflame a battle with the Democratic Congress over spending and taxes and help define the remainder of his tenure.

....The focus on economic issues on Bush's last day in Washington before leaving town today for most of the rest of the month reflected a White House strategy to confront Democrats on tax and spending issues. With most of his second-term domestic legislative agenda in tatters and his strategy in Iraq under bipartisan fire, Bush appears eager to return to familiar issues that animated the beginning of his presidency and might rally disaffected Republicans behind him again.
He really is like a windup doll, isn't he? No matter what's going on in the outside world, no matter what problems we're facing, no matter what the political situation is, you pull the cord and he says "Tax cuts!" It's like he's the Manchurian President.

  • CBSNews

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