The U.S. Congress has passed a Republican-drafted stimulus bill, ostensibly designed to speed the recovery from the damage done to an already wobbly economy by the terrorist attacks and the more recent anthrax scare. However, the bill consists mostly of a $70 billion tax cut to corporations, while offering only token support for the unemployed. At latest count, 7 million Americans are without work, the highest number in 4 1/2 years. "Late last winter, when President Bush was shaping his $1.35 trillion tax cut, corporate lobbyists were told to wait, their turn would come," notes the New York Times. "And now, their turn is here."
- About Us
- Press Room