President Bush and many of his fellow Republicans want to cut taxes. That means we'll all be rich, right? Not according to many Democrats, who say that only a few people will benefit from Bush's plan. Democrats and Republicans in Congress are debating the tax cut right now. What do you think?

What's in the bank?

Experts believe that in the next 10 years, the United States could have a $5.6 trillion surplus. Politicians from both parties have already agreed that $2.5 trillion of that should be set aside for Social Security, the money that retired people need to live on. That leaves $3.1 trillion. What should we do with it?

President Bush

• $1.6 trillion dollar tax cut over 10 years
• The wealthiest people get the biggest cut
• Get rid of Estate Tax

Democrats

• $750 billion tax cut over 10 years
• Tax cuts aimed at lower and middle class
• $400 billion set aside for Medicare
• Raise Estate Tax minimum to $2 million and eliminate it for farmers and small business owners
• Use the rest of the surplus to pay off the national debt and to put into government programs
  
  ... and now for the Youthline Debate!