It now appears that President Bush will get most of his tax cut. Both are too little and take too long to implement. There will also be a debate over how much to cut the marginal tax rates. Currently they are just over 39 percent.
Spending continues to be the big problem.
No one is talking about cutting spending, only the amount of the increase. As long as Congress increases spending and doesn't bother to cut or eliminate programs that don't work, the fiscal condition of this country will continue to be in danger. We need a tax cut to give us more of our money back and we need a spending cut so government won't need as much. A tax cut is better than nothing, but it is not enough. Let's hope a future Congress has more conservatives.