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To: Babu
"A ballooning budget deficit..."

I guess the author hasn't bothered to read the recent reports of the quickly shrinking deficit, due to increased revenues resulting directly from the tax cuts!

10 posted on 07/15/2006 10:02:11 AM PDT by TommyDale (Stop the Nifongery!)
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To: TommyDale

Except that we'd have no deficit if 1) we didn't add a massive Medicare drug program and 2) spending from 2001 to 2005 was up over 40% from 2000.

Whenever revenues increase Congress finds a way to spend it - at least this time they didn't yet spend all of the increase.


64 posted on 07/15/2006 11:37:12 AM PDT by cinives (On some planets what I do is considered normal.)
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To: TommyDale
I guess the author hasn't bothered to read the recent reports of the quickly shrinking deficit, due to increased revenues resulting directly from the tax cuts!

I see, so according to you, the Bush tax cuts caused the deficit to shrink.

The revenues balloned and the deficit dissapeared after the Clinton tax increases. Did tax increases cause that?

95 posted on 07/15/2006 2:58:03 PM PDT by curiosity
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