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New York Times
July 26, 2004
As the tax-cut extension bill suddenly fell apart in Congress last
week, President Bush was caught with his hand in the re-election
cookie jar. Billed as timely help for the middle class, the proposed
extension of the more worthy tax cuts enacted in recent years was
intended by the White House to be a timely boost for the president
on the eve of the Democratic convention.
Senate Democrats and a few Republicans had been responsibly holding
out, insisting that any tax cuts, no matter how meritorious, be
paid for by raising other revenues or by spending cuts. At issue
were child credits, relief for married people who file jointly and
an extension of the lower 10 percent marginal rate. When moderates
began ignoring the budget-offset issue and shifting behind a compromise
package of tax cuts, the White House showed its political hand,
scuttling the bill to stop Democrats from strutting forth as tax-cut
champions.
Sometimes you watch a game and don't know for whom to root. We
didn't like seeing moderates cave on their principled stand for
fiscal discipline. But the president's gambit - ostensibly holding
out for the whole tax-cut enchilada -betrayed a determination to
treat the budget as a political cudgel.
The tax-cut issue will revive when Congress returns in September,
with the White House again demanding an irresponsible five-year
extension costing more than $100 billion, not the more limited two-year
measure that failed last week. Closer to Election Day, it will be
even harder for lawmakers to resist the president's simplistic pitch.
But we urge members of the Republican-led Congress to discover some
spine and stop kidding themselves, and their voters. Congress must
start budgeting responsibly since the president obviously won't.
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