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Michael Savage shares Rush Limbaugh's bleak outlook on the prospects of the spending cuts bill ensuring that the rich keep their tax cuts (listen to clip).
He believes that the economy is going to be so weakened as a result of the spending cuts bill that only the rich will be left with any money and, therefore, will be forced to relinquish it.
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Republicans hoped to send Bill Clinton a $792-billion 792-billionl; Mr Clinton promised to veto it.
The House passed a tax-cut bill yesterday.
The payroll tax cut bill, which Mr. Obama signed last month, gave him 60 days to decide on the Keystone XL pipeline.
And Mr Bush's decline has come in spite of the success of his tax-cut bill becoming law.
The bailout money was part of a larger tax-cut bill that House and Senate leaders agreed to on Wednesday night.
Q. Do you expect another tax-cut bill, including corporate tax breaks, before 2004? A. I don't think so.
Still, he said, "Some tax-cut bill will be enacted this year, but who knows what it will look like".
He was the first to expose one such opportunity buried in the first tax-cut bill sponsored by President Bush.
The tax cut bill that Congress passed on Saturday provides several new and expanded benefits for retirement savings.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com