What: All Issues : Fair Taxation : Tax Breaks for the Rich : S. Con. Res. 23. Fiscal 2004 Budget Resolution/Vote to Reduce the Amount of Tax Cuts Contained in the Bill In Order to Increase Funding for Homeland Security and Defense Needs. (2003 senate Roll Call 68)
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S. Con. Res. 23. Fiscal 2004 Budget Resolution/Vote to Reduce the Amount of Tax Cuts Contained in the Bill In Order to Increase Funding for Homeland Security and Defense Needs.
senate Roll Call 68     Mar 21, 2003
Progressive Position:
Yea
Progressive Result:
Loss

Enacting the $1.34 trillion in tax cuts proposed by the Bush Administration requires significant cuts in domestic spending for the federal budget to be deficit-neutral. Tax cuts cause net losses to the Treasury (less money is collected by the federal government) and are paid for by cutting domestic programs and services. In the 2004 budget resolution, numerous spending cuts have been proposed including $103 billion over ten years for homeland security and the Defense Department. Senator Frank Lautenberg (D-NJ) proposed an amendment to the budget resolution restoring $103 billion for defense purposes paid for by reducing the size of the tax cut. Progressives support Lautenberg's amendment as a way to pare back the size of the tax cuts. Moreover, the amendment highlights the inherent tension in spending priorities between the political parties; Republicans are proposing numerous cuts in domestic programs to pay for tax reductions while Democrats prioritize defense, healthcare, and social security spending over additional tax breaks. Forty-four Democrats voted in support of Lautenberg's amendment but the measure failed to attract a majority and was rejected by a 46-53 margin.

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