Amidst the debt reduction frenzy in Washington, DC, Republican leaders are now threatening to do away with the Tribal Economic Development Bond and New Market Tax Credit programs, both of which confer vital federal tax benefits which tribes are increasingly using to attract private dollars to the reservation in order to diversify Indian economies. Indian Country must brace itself for its tax status becoming a menu item in the intensely partisan federal spending imbroglio. Gabriel "Gabe" Galanda is a partner at Galanda Broadman PLLC, of Seattle, an American Indian majority-owned law firm. He is an enrolled member of the Round Valley Indian Tribes of Covelo, California. He can be reached at 206.691.3631 or email@example.com, or via galandabroadman.com.