Sen. Bob Dutton pulls out of $500 newborns savings accounts bill

Following an appearance on yesterday's John and Ken Show on KFI, Sen. Bob Dutton has dropped his name from Senate Bill 752. That would have given each newborn in California a $500 savings account:

"Over the last 48 hours, thousands of Californians have asked me what I was thinking so I thought I would take this opportunity to share my thoughts."

Indeed. He also references the federal version of the bill and says:

Just yesterday, Federal Reserve Chairman Ben S. Bernanke voiced his support for similar accounts by saying "To the extent that we can help people learn about how to save, how to budget, we are doing a great service."

California · Fri, 03/02/2007 - 15:07 · · Importance: 1

Comments

Those who rob Peter to Pay Paul can always count on the vote of Paul.

Posted by: dchamil at Mar 3, 2007 4:50 AM

Isn't it great that there

Posted by: Amanda at Mar 3, 2007 1:48 AM

Can We Say nuts? I think we ( read rat government ) have so much money that the government needs to stop taxing people for 50 years.

Posted by: Fred Dawes at Mar 2, 2007 10:59 PM

How do you create less dependence on government by giving people 500 tax dollars?

Posted by: Rick at Mar 2, 2007 5:29 PM


Independent, in-depth coverage of immigration, politics, and media bias since 2002. Also: multiculturalism, Los Angeles, California, privacy, and occasionally celebrities and wacky humor...


If you can't find what you're looking for, see the About page or use the navigation features to the right.

Start here
Previous/Next
Diversions

Main

Atom feed · RSS 2.0 feed · RSS 0.91 feed · WML

Subscribe with Bloglines
Add to My Yahoo!
Add to My MSN
Please subscribe to the feed and tell your friends about this site.


What's Hot

Navigation
All Tags
Note: only a fraction of the content has so far been tagged.
Tag search
Full text search
Reliable, pre-11/19/08 only:
Site search (new window)
Custom Search

Categories
Archives

All Posts(links to each post by title)

Latest