Congress seeks cuts as debt hits $8 trillion

[w8liftinglady]

http://news.yahoo.com/s/nm/20051024/pl_nm/economy_budget_dc

"Republicans in Congress will try to pass spending cuts this week, after war, anti-terrorism efforts, hurricanes and big tax cuts helped push the government's debt load through the $8 trillion mark. "


....While they grant trillions in tax breaks to major corporations

http://www.ctj.org/corpfed04an.pdf

[CrispyQ]

1. Great doc on the corporate taxes!

I've saved it & will print it. In 2001 there were 33 companies that paid no income tax; in 2002 it rose to 42; in 2003 it rose to 46. How many of us pay no income tax? This is a great doc with tons of info to use against those who whine about social welfare.

Thanks for sharing.

[w8liftinglady]

3. I'd like to cross-reference it with a few other lists

this is a list of federal contractors that have offshore tax havens
http://www.gao.gov/new.items/d04293.pdf

It would be interesting to see how many were on both lists

[slipslidingaway]

2. Thanks! n/t