Wednesday, January 30, 2008

Bush: $20 For Poor Kids, $287k For Millionaires!

From Greg Palast's One Bush Left Behind:

Here’s your question, class:

In his State of the Union, the President asked Congress for $300 million for poor kids in the inner city. As there are, officially, 15 million children in America living in poverty, how much is that per child? Correct! $20.

Here’s your second question. The President also demanded that Congress extend his tax cuts. The cost: $4.3 trillion over ten years. The big recipients are millionaires. And the number of millionaires happens, not coincidentally, to equal the number of poor kids, roughly 15 million of them. OK class: what is the cost of the tax cut per millionaire? That’s right, Richie, $287,000 apiece.

Read more.

ripped from the headlines at state of the day