Calls for Fiscal Sanity Grow Louder

Amid misguided and mostly rhetorical proposals for cutting other areas of the budget to pay for Katrina relief (while continuing to cut taxes further), there is a strong and growing number of media outlets, political leaders, policy experts, and regular citizens who are demanding fiscal sanity return to the nation's capital. USA Today, the paper with the country's largest circulation, joined the ranks of those calling for a reassessment of the president's tax cuts. The paper specifically called out those lawmakers whose support of reckless tax and budget policies have caused many of the fiscal problems we have today. The paper editorialized:
    The current hypocrisy is that lawmakers who participated in the spending, borrowing and tax-cutting binge that put the nation in hock are now clamoring for spending cuts to offset storm costs...Their case would also be stronger if they would be willing to revisit recent tax cuts. The first law of holes is: When you're in one, stop digging. It would be the height of irresponsibility, for instance, to cut estate taxes when natural disasters, the Iraq war and surging health care costs are exploding the deficit.
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