Barbara Boxer: “I think America is now learning who benefits from this Bush plan. It is very clear. It is not rhetoric; it is fact. It…”

“I think America is now learning who benefits from this Bush plan. It is very clear. It is not rhetoric; it is fact. It is a boon to the millionaires and the billionaires, plain and simple. I know people in this very Chamber who have come up and said: This is absurd. We would much rather see a country that invests in its children, invests in its homeland security, and that gives tax breaks to those in the middle. They are fighting to stop this ill-advised plan. You have made the case that it makes no sense. We are talking about deficits as high as the eye can see and people being rewarded who don't need to be helped. It is not going to stimulate this economy. In the long term, it will lead to outrageous deficits. I ask my friend this question: Isn't it bad enough that this is a plan that won't do what we need; namely, have stimulus and long-term prosperity? Isn't it worse that at the same time the President is saying let's cut all these taxes for the millionaires, he is shorting homeland security and education? Our colleague, Paul Sarbanes, said it best when he said we ought to call this plan 'leave no millionaire behind.'”