Ray Hanscom could use a few minor adjustments with his “facts.” Three million jobs were lost (two years), not 300 million.

There are federal monies for fiscal year 2003 for health ($224 billion) and Medicare ($242 billion). The federal budget deficit was $475 billion as of July 15. The tax cut bill of $350 billion became law on May 23, and special rules prohibit a filibuster against its education funding as $68 billion for FY2002-2004. (K-12 1965 Act)

My source for those facts comes from Washington, D.C., via Sen. Susan Collins.

One more tidbit of information: America’s gross domestic product is about $10 trillion a year, and the financial derivatives income is 10 times more than the production of goods income.

Elmer Morin

Limestone