A report by the National Priorities Project finds that of all people that are income-eligible to receive food stamps, only half actually receive them.

• Half of all low-income people did not receive Food Stamp Program benefits.
• Counties with lower poverty rates and higher median household incomes had lower percentages of low-income people that were Food Stamp recipients.
• A significant number of counties, 13.2 percent, had below-average percentages of Food Stamps, yet had above-average poverty rates.

President Bush, once a wily "compassionate" conservative who passed the largest recent expansion in government health insurance and radically broadened the authority of the federal Department of Education, which Ronald Reagan threatened to destroy, has become predictable.

In his post about the president's call for a corporate tax cut, Matt asks: And what if an unhinged market was the root cause of all this trouble [a potential economic downturn]? I submit that the market is in fact completely hinged. That is: rapid expansion in financial markets (i.e. bubbles) is always followed by rapid contraction (i.e. bubble bursting). Oscillations between growth and contraction is the nature of the market.

Senate Majority Leader Harry Reid has announced that the Senate will vote on the nomination of Jim Nussle to be the new Director of the Office of Management and Budget on Monday, September 4 - the first day back from the August recess. Reid announced there will be three hours of debate on the nomination beginning at 2:30 pm. One hour each for the chairman and ranking member of the budget committee, and one hour controlled by Sen. Bernie Sanders (I-VT). Sanders has announced a hold on Nussle's nomination because he has serious concerns about the nominee and his philosophical differences with the administration's fiscal policies. Sanders said: President Bush is completely out of touch with the economic realities facing working families in America. Bush needs to hear the truth, not an echo. He needs a budget director who will make him face the facts, not fan his fantasies.