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Page added on April 29, 2006

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GOP tax rebate plan called costly, ineffective

For a nation “addicted to oil,” as President Bush put it, Senate Republicans have a proposal that can only be described as enabling: Put $100 back into the pocket of every taxpayer.


The proposal, unveiled Thursday, has been roundly criticized not only by Democrats but also by fiscal conservatives who warn it will widen the deficit while doing little to encourage energy conservation.


“It could be one of the dumbest ideas of the year,” said Jerry Taylor, a senior fellow at the conservative Cato Institute. “I haven’t looked at all of the ideas yet, but it’s got to be right up there.”


MSNBC



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