Virginia Senate Race

[tag]Virginia Senate Race[/tag] [tag]Election 2006[/tag]

If the Senate race goes for the [tag]democrats[/tag] will this mean America will face higher taxes? This was the Republican battle cry during the 2006 campaign. Let’s take a look.

There is no real clear answer and only time will tell. But here are couple things to think about. I believe the Democrats will not renew any new tax cuts for the upper class. Upper class defined as anyone making over $200,000 a year. Some would see this as a tax hike, your call?

[tag]Nancy Pelosi[/tag] did say they are looking at [tag]tax cuts[/tag] for the middle class? Ok, but what about an increase. Not likely, thanks to checks and balances we have in our government. [tag]Bush[/tag] would never sign off on any new taxes. He needs to recover his party as much as possible in the next two years.

One thing is for sure congress will tighten up its belt on spending and start to find a way to work down the enormous national debt we have created in the last 6 years. The combination on [tag]9/11[/tag] and the wars abroad have taken its toll on the [tag]national debt[/tag].

So what does that mean for you and me? Probably not much, but just like congress, the [tag]American family[/tag] needs to pay more attention to its spending and find ways to quickly eliminate debt. If we want a strong country we need to have a strong financial health of the American family.  In the end we are all Americans and we all want the best for our families.

So let’s put the elections behind us and get back to Crushing Debt!