If you look at the President’s site for tracking the stimulus spending, you’ll notice $228 billion in tax cuts. That sounds good, right?
But click the link for details and you find that:
- Tax Relief – includes $15 B for Infrastructure and Science, $61 B for Protecting the Vulnerable, $25 B for Education and Training and $22 B for Energy, so total funds are $126 B for Infrastructure and Science, $142 B for Protecting the Vulnerable, $78 B for Education and Training, and $65 B for Energy.
And then you think, uhh, what? How is any of that a tax cut? Did the English language change somewhere and I wasn’t aware of it? How can the politicians do that with a straight face?