1/09/2005

Some good news for President Bush (read: bad news for America) in his attempt at "bipartisanship" (read: date rape) on tax reform (read: class warfare):
President Bush on Friday named two well-known former senators to head a bipartisan advisory panel on taxes, and gave the group six months to come up with recommendations on how to make the income tax simpler, fairer and more conducive to growth. The panel's chairman will be Connie Mack III, a former Republican senator from Florida, and its vice chairman will be John B. Breaux, the former Democratic senator from Louisiana who decided not to run for re-election last year...Mr. Breaux, a conservative Democrat, frequently tried to work as a broker between the two parties on tax issues and is best known as a cagey dealmaker.
And some bad news for President Bush (read: good news for America) in his attempt at "bipartisanship" (read: date rape) on social security reform (read: social insecurity):
Senator Max Baucus of Montana, a Democrat whose support was essential to the enactment of President Bush's tax cuts in 2001 and his Medicare legislation in 2003, said on Thursday that he would oppose the president's Social Security plan this year. Mr. Baucus's position will make it difficult for the White House to obtain the Democratic votes necessary for the measure to get through the Senate. "I seriously doubt I'm going to be the linchpin this time," Mr. Baucus, the senior Democrat on the Finance Committee, said in an interview. The president's plan to allow workers to divert part of their Social Security taxes into private investment accounts would "exacerbate the problem, not solve it," the senator said.

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