Housing Cuts for the Poor, Tax Cuts for the Rich (Gene C. Gerard)

[SeveneightyWhoa]

Housing Cuts for the Poor, Tax Cuts for the Rich

March 29 2006
Counterbias.com
GENE C. GERARD


President Bush’s 2007 budget that was released last month includes significant cuts in housing assistance. The new budget for the Housing Choice Voucher Program underfunds 70 percent of the state and municipal housing agencies that oversee the program, according to a study by the Center on Budget and Policy Priorities. Although the Republican Congress has debated the cuts affecting the Department of Housing and Urban Development (HUD), it appears unlikely that Mr. Bush’s cuts will be opposed. Ironically, Congress is also considering yet another tax cut for the wealthy.

The voucher program is the country’s largest low-income housing program. It provides poor households with vouchers they can use to rent housing in the private sector. Since 2004 voucher assistance for over 100,000 families have been cut because HUD doesn’t allocate the vouchers based on current needs. Mr. Bush’s 2007 budget relies on the same funding formula that has caused the shortages in the past few years.

Continue.. http://www.counterbias.com/598.html

[Erika]

1. I will set every American at the table of plenty

W promised in his campaign of 2000.

He lied. He could care less about American citizens.

[NanceGreggs]

2. How many new billionaires in the US last year?

How many new 'below the poverty level' Americans last year?

It's the BU$HCO 'trickle-up' theory of economics.

How'dya like it so far?

[Patchuli]

3. Yeah, it's really "stimulated the economy"

don't you guys think? :sarcasm:

[salin]

4. cuts for the poor,

tax increases for some in the middle classes (due to no fix for the ATM)... but Tax Cuts for the WEALTHY.

Sounds like each budget of the red-ink compasionateless bush era.