Word: trillion
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...course it was Bush's big sales presentation, for the budget and the $1.6 trillion tax cut that pretty much everybody in America, including some widely publicized congressional Republicans, are a little leery of. Bush's task was to make the biggest tax cut in 20 years sound like it fit in with all the acquired political tastes of the last 10 - fiscal discipline, debt reduction, and a feel for Medicare, Social Security, health care, education...
...budget dedicates $238 billion to Medicare next year alone, enough to fund all current programs and to begin a new prescription drug benefit for low-income seniors. No senior in America should have to choose between buying food and buying prescriptions." Social Security: "My budget protects all $2.6 trillion of the Social Security surplus for Social Security and for Social Security alone...
...talked about the need to pay down our national debt. I have listened, and I agree. My budget proposal pays down an unprecedented amount of public debt. We owe it to our children and grandchildren to act now, and I hope you will join me to pay down $2 trillion in debt during the next 10 years." Right. Good idea. Very prudent. Now the tax cut, right...
...just yet. First, a trillion-dollar "contingency fund" over 10 years, for emergencies. "That is one trillion additional reasons you can feel comfortable supporting this budget." Wow. He's putting some in the bank. What a guy. Now the tax cut, right...
...Extemporaneous sentence construction isn't the President's forte, but he does have a point. Bush's $1.6 trillion tax-cut plan - the core of which is a simplification of the current five-bracket income-tax system of 15 percent, 28 percent, 31 percent, 36 percent and 39.6 to four, lower ones of 10 percent, 15 percent, 25 percent and 33 percent - is not primarily a sweetheart deal for the rich...