The Bush Economic Legacy: Temporary tax cuts accompanied by permanent spending increases, followed inevitably by permanent tax increases
A tax-cut without a spending cut is a future tax increase. Republicans do not care about limited govt anymore. They think they can fool enough Republicans by just cutting taxes without doing a single thing about spending. Their gamble is to generate enough Laffer curve effect by cutting taxes to pay for big govt. It is about time we call the Republican's bluff on this.