|The bill would cut the DoD's budget and use that money to make the first $35,000 each American earns tax-free.|
Last week, as Congress prepared to pass yet another “emergency” spending bill to cover America’s costly operations in Iraq and Afghanistan -- to the tune of $159 billion this time around -- Rep. Alan Grayson, D-Florida, introduced a bill that would force the Pentagon to pick up the tab out of its ample regular budget.
The War Is Making You Poor Act is elegant in its simplicity. Instead of financing these longstanding conflicts outside of the regular budgeting process, where they’re not factored into deficit projections, Grayson’s bill would make the DoD work within its means, and the money would instead be used for an across-the-board tax cut that would make the first $35,000 each American earns tax-free. (You can go here to tell Congress that you support the War Is Making You Poor Act.)