They cut taxes; but whose taxes did they cut?
At the same time they were cutting taxes, the Republican Party, which claims to be the party of fiscal responsibility, became the Party of Spending Like a Drunken Sailor (Note: Unlike Congress, drunken sailors spend their own money). The U.S. has to borrow about $2 billion each day--just to keep the government running.
"Median income for people under 65 is declining, the poverty rate, especially for children, is rising, and 46.6 million Americans, nearly 16 percent of the population, have no health insurance." --Peabody Award winner Bill Gallagher, Niagara Falls Reporter, 9/5/06
"One year ago this month, [the Republican energy bill gave] $8 billion in tax breaks to energy companies (...gas prices have increased 65% since Bush's second inauguration). ...this year, three of the largest oil companies reported nearly $30 billion in income, and their CEOs made millions. And don't forget that the oil industry helped write the Republican energy bill." --Women's Vote Center, 8/14/06
"Center for American Progress Director of Tax and Budget Policy John Irons explains that the "the heirs of the $10 million estate would get a tax break worth as much as 183 years of the income of a full-time minimum wage earner." --The Progress Report, 8/2/2006
"Since the minimum wage was first established in 1938, Congress has typically acted to adjust its level upwards in a more timely fashion. The one exception was in the 1980s, as the minimum wage remained unchanged from January 1981 until April 1990: a period of nine years and three months." --Center on Budget and Policy Priorities, 6/20/06 (Coincidentally, this spans all the Reagan years and half of Poppa Bush's-the dawn of Compassionate Conservatism)
"It gets worse. The lobbyists for the National Restaurant Association managed to inject a paragraph into the minimum wage part of the bill that would have significantly lowered the pay of minimum wage workers who work get tips [sic] (like waitpersons) in seven states." --Jared Bernstein, senior economist at the Economic Policy Institute, quoted on TomPaine.com, 8/4/06
If Republicans truly represented the majority of Americans, they would not have wasted five minutes pushing President Bush's unpopular scheme to privatize Social Security. The Bush "plan" would sharply cut guaranteed benefits, and an overwhelming majority of Americans opposes it (http://thinkprogress.org, 7/31/06). But that didn't stop the Republicans from pushing it, praising it, and pushing it some more--and if re-elected, they promise to push some more:
"If I'm around in a leadership role come January, we're going to get serious about this." --House Majority Leader John Boehner (R-OH), Washington Times, 7/30/06
"If we can't get it done this year, I'm going to try next year. And if we can't get it done next year, I'm going to try the year after that, because it is the right thing to do." --George W. Bush, 6/27/06
"The Department of Energy's own analysis has found drilling in the Arctic Refuge would 'only slightly reduce America's dependence on imports and would lower oil prices by less than 50 cents a barrel.' (This decrease would translate to a measly one penny per gallon reduction in gas prices twenty years from now.)" --The Progress Report, 8/8/06
On the other hand, if the Republican-controlled Congress increased the Corporate Average Fuel Economy ("CAFE") standards to 40 miles per gallon, we would save more oil than we currently import from Saudi Arabia.