Aletho News

ΑΛΗΘΩΣ

CSPAN Video: ‘War Is Making You Poor Act’ highlights cost of ongoing wars

May 21, 2010

Today, Rep. Alan Grayson (D-FL) introduced bipartisan legislation called the “War Is Making You Poor Act,” which aims to call attention to a) how much money is being spent to fight the wars in Iraq and Afghanistan, and b) how budget gimmicks are used to pay for them. Grayson’s legislation would slash the $159 billion request for supplemental war funding and use that money to deliver a tax break for all Americans. Grayson demands the Pentagon use its currently existing $549 billion defense budget to fight the wars and uses the money saved to eliminate federal income taxes on every American’s first $35,000 of income and reduce government borrowing. Cosponsors of this bill include Ron Paul, Walter Jones, John Conyers, Lynn Woolsey, and Dennis Kucinich. Speaking on the House floor today, Grayson underscored that the point of his legislation is to highlight the costs of the wars.

May 23, 2010 - Posted by | Economics, Militarism, Timeless or most popular, Video

No comments yet.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.