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President Bush’s World Is Turning

The Bush administration’s alarming penchant for going it alone in world affairs could have one unintended and salutary effect: Europe, however reluctantly, is learning how to lead. And Europe could lead the way to a more balanced global order. Consider the following events of recent months: Europe and Japan decide to go forward with the […]

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Comment: The Political Fed

So Alan Greenspan is a political animal. What–you were expecting a philosopher-king? A lot of people who should know better were taken by surprise when Fed Chairman Greenspan made George W. Bush’s inaugural week by embracing a big tax cut. But it’s not as if Greenspan got this far on, say, charm. As Bob Woodward’s […]

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Help The Poor Instead of The Rich

What else might we accomplish if we didn’t give back 1.6 trillion dollars in tax cuts,about half of the money to millionaires? For starters, we could end poverty in America – by making sure that work pays a living wage and that children don’t pay the pricewhen mothers work. In 1996, President Clinton and the […]

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Tax-Cut Battle Lost, Democrats Can’t Let Up Now

In losing $1.35 trillion of federal revenue to George W. Bush’s tax cut, the Democratslost an important battle, but maybe they haven’t lost the war. The war, in this case, is a principled conflict between two contending philosophies of governance and the good society. Should people fend mostly for themselves or should some needs be […]

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Democrats Must Regroup to Fight Tax Cut

Propelled by Alan Greenspan’s sudden conversion, George W. Bush’s crusade for a massive general tax cut seems all but unstoppable. The Democrats need to offer something better, and fast, or we will soon have Reagan II. Here is the background: The federal budget surplus will total some $5.6 trillion over the next decade, even allowing […]

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Thank You Mr. President:

Let the President know he didn’t buy your vote! Donate your tax rebate to these organizations that Bush wouldn’t want you to support. Taxes and National Priorities: Institute for America’s Future http://www.ourfuture.org Center on Budget and Policy Priorities http://www.cbpp.org Institute on Taxation and Economic Policy http://www.ctj.org/ Economic Policy Institute http://www.epinet.org Environment: Earthjustice Legal Defense Fund […]

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The Brutal Price of Bush’s Tax Cut

The great budget surplus is evaporating. The culprit is George W. Bush’s tax cut, compounded by the economic slowdown. Seemingly, this spells bad political news for Bush. He is having to violate his pledge that the Social Security surplus would never be tapped for general government outlays. The vanishing surplus vindicates the criticism that the […]

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The Tax Debate We Really Need

The increasingly severe economic downturn offers a fresh basis to reconsider President Bush’s tax plan. For starters, it’s the wrong kind of tax cut. For reasons of budgetary sleight of hand, most of the benefits would occur in future years. But we need a strong economic stimulus right now. By contrast, President Kennedy’s tax cut, […]

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America’s Children

I t’s no accident that politicians kiss babies. America is a nation that professes to love its children. Yet the policies we have in place to raise the next generation are those of a nation that kisses children off. This special report offers a tour of the horizon. In the opening piece, Janet C. Gornick […]

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