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House Budget Puts Huge Burden on America's Children
Posted By Rob Bluey On March 13, 2008 @ 3:26 pm In Scribe | Comments Disabled
As the House prepares to vote on the Democrat budget resolution, let’s take another look  at what the plan would mean for hard-working Americans:
Republican Study Committee Chairman Jeb Hensarling, during an appearance this morning on C-SPAN’s Washington Journal , emphasized the difference between the majority’s budget and the alternative that he supports.
Analysis of the Democrats’ budget by Heritage’s Center for Data Analysis reveals the U.S. economy will suffer huge losses in GDP, job creation and personal income  if implemented. In Hensarling’s 5th congressional district in Texas, that means a tax increase of $1,848 per person and an additional loss of $1,770 in income. The budget would cost his district 2,197 jobs for a whopping $251 million.
So much for stimulating the economy.
Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2008/03/13/house-budget-puts-huge-burden-on-americas-children/
URLs in this post:
 take another look: http://www.heritage.org/Research/Budget/wm1842.cfm
 C-SPAN’s Washington Journal: http://www.youtube.com/watch?v=WQcjXLqOhms
 suffer huge losses in GDP, job creation and personal income: http://www.heritage.org/research/budget/budgetres09.htm
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