Madam Speaker,

As a result of foreign borrowing for the War in Iraq and poor economic policies that have undermined the fundamentals of the economy, the dollar has dropped about 50% against other currencies in the past couple of years. The true inflation rate is the official domestic inflation rate plus the drop in the dollar.

Will you personally offer legislation that implements a war tax to cover any additional war supplementals so that they are revenue neutral? Such a war tax should tax those with incomes over $1 million per year and those with property in excess of $10 million net worth. By taxing the people who most gain from the war, you can shorten it. Ending the excessive war borrowing would strengthen the dollar, and a strong economy is our best defense in a world of global trade.