GOP proposes big tax cuts, spending curbs

[cce1302]

<H1>Andrew Taylor ASSOCIATED PRESS
Wednesday, April 1, 2009

Republicans in the House on Wednesday pressed a budget plan that would cut taxes and radically overhaul Medicare, offering a stark alternative to blueprints offered by President Obama and his Democratic allies.
The plan, drafted by Rep. Paul Ryan, Wisconsin Republican and senior minority member on the Budget Committee, also freezes overall spending on domestic programs passed by Congress each year and repeals most of the spending in Mr. Obama's recently passed economic stimulus bill.
Despite spending reductions, the plan projects permanent deficits exceeding $500 billion into the future, fueled largely by big tax cuts.

Yeah...so why didn't they do this, I don't know, 3 years ago????</H1>