U.S. Rep. Mark Kirk won't vote for
unemployment benefits or education and Medicaid funding because he says
it's fiscally irresponsible. Yet the GOP U.S. Senate nominee voted for
and wants to see extended the Bush-era tax cuts on Americans who earn more than $1 million annually, which will blow the deficit up by $36 billion in 2011 alone and by $700 billion over the next decade. Here's a telling Washington Post graphic comparing the tax cuts available for high-earners in both the GOP and the Obama administration's proposal, using data from the nonpartisan Joint Committee on Taxation. If Kirk gets his way, each millionaire will save over $103,000 per year!
That's money, of course, that could fund investments in education, infrastructure, and green energy. Or, for that matter, unemployment benefits.