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Dean Baker, writing for Truthout, says: "Forget about trying to get more kids health care insurance by expanding SCHIP or increasing government funding for child care. The new way the politicians plan to help moderate-income families is to have them pay a special 18 percent income tax to live in a home in which they have no equity."

http://www.truthout.org/docs_2006/030308F.shtml



Foreclosure Plans Benefit Banks

Dean Baker, reporting for The Center for Economic and Policy Research, writes: "Many of the recent proposals to help homeowners facing foreclosure provide little relief for most of the families at risk of losing their home, according to a report from the Center for Economic and Policy Research. Under these rescues, taxpayers end up underwriting a bailout that could reap billions of dollars in profit for banks and mortgage holders."

http://www.truthout.org/docs_2006/030408H.shtml



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