Monday, July 31, 2006

Christmas is Here!



In the House, at least, there were presents for the very rich and the very poor:

The two bills passed by the House last Friday and Saturday reflect a single Republican electoral strategy. Representatives want to appear to have accomplished something when they face voters during their five-week summer break, which starts today, and at the same time keep campaign donations flowing from special-interest constituents who are well aware that a great deal was left to do.

One of the bills was a pension reform measure. The other was a grab bag that contains three main items: an extension of the expired tax credit for corporate research; a $2.10 an hour increase in the minimum wage, to be phased in over three years; and a multibillion-dollar estate-tax cut. That's the deal House Republicans are really offering — a few more dollars for 6.6 million working Americans; billions more for some 8,000 of the wealthiest families.

So the Republicans tied the raising of the minimum wage to more goodies for the very, very rich. Tasteless, to say the least. Notice also that the ones who didn't get a present are those of us in the middle. There's probably coal in my stocking...