Friday, December 17, 2010

Things The Tax Cut Could Have Paid For

Another entry for our continuing feature "Things The Tax Cut Could Have Paid For." According to the Huffington Post, Republican lawmakers have blocked a bill that would have proclaimed child marriage to be a human rights violation:

The bill would ensure that child marriage is recognized as a human rights violation, and develop comprehensive strategies to prevent such marriages around the world. The legislation seemed likely to garner strong bipartisan support in Congress, and in the Senate, it did. But last night, the bill was voted down in the House by Republicans who argued the bill is too costly and could lead to increased abortions -- gripes the measure's supporters say have no basis in reality and are just excuses to kill the popular bill.

The CBO estimates the cost of implementing the bill at about $60 million over 5 years, whereas the GOP is estimating the cost at $108 million. Nonetheless, the cost of this bill comes in somewhere between 1/70th and 1/100th the cost of the upper income tax cuts the GOP demanded.

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