Oct 8, 2007
The fight in Congress over funding health insurance for poorer children involves 35 billion dollars over five years, that is, an additional seven billion dollars per year.
What is seven billion dollars today?
According to the IRS, a tax break that goes to people with incomes over half a million dollars a year handed out 67 billion dollars.
In other words, wealthy tax filers got nearly TEN times the amount needed to fund S-CHIP. And that was just one of the special tax breaks for the wealthy.
There’s plenty of money in this government – it just goes to the wrong people!