SCHAKOWSKY: BUSH ADMINISTRATIONS MISSTATEMENT OF THE DAY ECONOMIC POLICY
October 10, 2003
OCTOBER 10, 2003
SCHAKOWSKY: BUSH ADMINISTRATION'S MISSTATEMENT OF THE DAY -
ECONOMIC POLICYWASHINGTON, D.C. - U.S. Representative Jan Schakowsky (D-IL) issued today's "Bush Administration's Misstatement of the Day" following President Bush's remarks on his economic policies.
SCHAKOWSKY: BUSH ADMINISTRATION'S MISSTATEMENT OF THE DAY -
ECONOMIC POLICYWASHINGTON, D.C. - U.S. Representative Jan Schakowsky (D-IL) issued today's "Bush Administration's Misstatement of the Day" following President Bush's remarks on his economic policies.
During a speech in New Hampshire to Air National Guard Reservists, President Bush said:
"I proposed and signed these [tax] measures to help individuals and help families." (President Bush during a speech in News Hampshire, 10/9/03)
However, according to a CBS/New York Times from last week:
Despite three tax cuts in as many years, only 19 percent said Bush's policies made their taxes go down. Forty-seven percent noticed no effect, while 29 percent perceived that their taxes have gone up. (Washington Post, 10/7/03)
In addition, ".almost half of all American taxpayers will get less than $100 this year and next from President Bush's just-passed tax plan. In 2005, three-quarters of taxpayers will get less than $100, and in 2006 and later years almost nine out of ten will get less than $100." (Citizens for Tax Justice, 5/30/03)
Schakowsky said, "Does President Bush really think that his tax cuts for millionaires and billionaires really helped our economy? Since President Bush took office, millions of Americans are out of work and are in poverty and families are struggling to make ends meet."