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Day two of David Pecker testimony wraps in NY Trump trial; Supreme Court hears arguments on Idaho's near-total abortion ban; ND sees a flurry of campaigning among Native candidates; and NH lags behind other states in restricting firearms at polling sites.

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The Senate moves forward with a foreign aid package. A North Carolina judge overturns an aged law penalizing released felons. And child protection groups call a Texas immigration policy traumatic for kids.

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Wyoming needs more educators who can teach kids trade skills, a proposal to open 40-thousand acres of an Ohio forest to fracking has environmental advocates alarmed and rural communities lure bicyclists with state-of-the-art bike trail systems.

How are Those Bush Tax Cuts Working Out for Ya?

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Wednesday, June 8, 2011   

RICHMOND, Va. - This week marks the tenth anniversary of the Bush tax cuts, prompting some groups in Virginia to ask how those tax cuts are working out. Not so well, according to critics who gathered in front of Rep. Robert Hurt's office in Danville on Tuesday afternoon.

Joe Katz, a volunteer with Virginia Organizing, says the tax cuts for the wealthy were sold on the premise that the money would trickle down to working people in the form of jobs.

"They don't spend the money, at least not in this country. If they spend it, they spend it overseas in China or in India, creating jobs over there. And once they have workers in those countries, they don't need workers in this country anymore."

According to the Economic Policy Institute, most of the deficit is a result of the Bush tax cuts, the wars and falling revenues during the Great Recession. Mike Konczal, a research fellow at the Roosevelt Institute, sees it as a tragedy that more of that money wasn't invested in the country.

"These deficits weren't created to increase schooling or make better infrastructure, or put money in working people's pockets."

Republicans say Medicare and Medicaid should be cut to pay for the deficits and extending the tax cuts. Despite the rhetoric, Konczal says, that won't put people to work.

"It's textbook economics. That was a lot of the logic in 1937, when we caused a second wave of the Great Depression."

If the tax cuts are extended, according to the group Citizens for Tax Justice, in 2013 they would give the richest 1 percent of Virginians $70,000 per family - while the bottom three-fifths would get less than $600. Republicans want to extend the tax cuts again, but Katz thinks it would be wiser to do more to put people to work directly.

More information on the impact of the Bush tax cuts is online at ctj.org.


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Creedon Newell practices teaching construction skills in Wyoming's new career and technical educator bridge course, designed to encourage trades students and professionals to pursue a career in CTE teaching. (Photo by Rob Hill)

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