Letter: Now is not time for more tax cuts

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Friday, April 25, 2003 | 5:26 a.m.

On Thursday I watched President Bush speaking in Ohio and asking for further tax cuts. We are in a recession and we have tremendous costs, what with the war in Iraq and Afghanistan, Medicare and Social Security, federal payments to employees and retirees, and all the other costs of government. Mr. Bush has also promised seniors a prescription drug plan.

After his initial massive tax cut, which didn't help the economy, and all the added costs, is now the time to seek even larger tax cuts? How will the government have the money to pay for the needed programs? As Bill Clinton said here recently: "When you find yourself in a hole, quit digging." I hope Congress will examine President Bush's proposal and reject it. This government now, more than ever, needs tax money to meet its obligations.

RICHARD J. MUNDY