Monday, December 19

Merry Fucking Christmas

Congress' gift to the poor this year? A big fat lump of coal.

Some choice bits:
WASHINGTON (Reuters) - The House of Representatives on Monday narrowly voted to cut $39.7 billion from federal spending over five years, including health care and other social welfare, as part of a conservative push to contain these growing programs.
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A large chunk of the spending cuts, about $11.2 billion over five years, would come from Medicare and Medicaid, the health-care programs for the elderly and poor.
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Additional savings would come in student loan programs, which Massachusetts Sen. Edward Kennedy (news, bio, voting record), a Democrat, called "the biggest cuts to student aid programs ever."
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Throughout this year, the Republican-led Congress has been pushing some form of spending reductions, which they said were necessary in light of huge U.S. budget deficits and unexpected hurricane clean-up and rebuilding costs.

The $39.7 billion in savings would be dwarfed, however, by an estimated $14 trillion the government is expected to spend over the next five years under a Republican budget plan approved last April.

Democrats argued that the spending cuts were falling disproportionately on the poor as Republicans also were pushing through Congress tax cuts for the wealthiest Americans.

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