American soldiers learned the hard way not to walk down enemy trails in Vietnam — and certainly not twice. But here come the House Republicans, marching into the sunlight by shifting billions from poverty programs to the Pentagon, all within hours of adopting an entirely new round of tax cuts for those earning more than $1 million a year.
Is this the same party that abhors class warfare and wants to show a gentler side of Mitt Romney toward women and Hispanics? Are we talking smart, principled politics or the charge of the light brigade?
The House Budget Committee meets Monday afternoon to put the final touches on the more than $300 billion 10-year package — the opening shot of a fall campaign to preserve defense spending without bowing to Democratic demands for new taxes.
Monthly food stamp benefits would be cut, hitting millions of single-mother households by summer’s end. Unemployed workers would be dropped from the rolls until they spend down their cash savings below $2,000 — one-fifth of Romney’s famous $10,000 bet. Working-class, often Latino, parents would be denied child tax credit refunds if they lack Social Security cards proving they are authorized to work in the U.S.
These are immigrant taxpayers whose average annual wages are $21,240 and generate far more for the Social Security system in payroll taxes than any refunds they receive. Yet their children, many of whom are U.S. citizens, would lose out even as the House channels an almost identical sum, $7.35 billion, into a new tax deduction for 125,000 small-business owners whose income exceeds $1 million.
Read more: Politico