Bush Rules Out Tax Hike to Fund Recovery

I'll believe it when I see it.

In the meantime, I'd like to nominate the US Education Department for total elimination. Do you know how many jazzmen we could resettle with that pile of loot?


President Bush on Friday ruled out raising taxes to pay for Gulf Coast reconstruction, saying other government spending must be cut. "You bet it will cost money, but I'm confident we can handle it," he said.

"It's going to cost whatever it's going to cost, and we're going to be wise about the money we spend," Bush said a day after laying out an expensive plan for rebuilding New Orleans and the Gulf Coast without spelling out how he would pay for it.