[freeper12]

>>Lowering taxes will increase government revenue.


Perhaps, but even with reagans tax cuts, revenues increased, but spending increased even faster...increasing revenues is not the end game...without getting spending under control it matters not how much you cut taxes or how much you increase revenues. If you always spend more than you make, you eventually go broke. If an individual spends more than he makes and goes broke, its his problem, if the govt continually spends more than it brings it, sooner or later the piper needs to be paid...and who do you think is going to pay the piper?

We have had tax cuts, tax increases, and no matter what has happended the debt continues to grow....the debt really does need to get paid someday...right?

[weikel]

I favor taking over Saudi and using the Opecer princes accounts to pay the debt... but most people don't see things like way.

[chiller]

No question spending is a problem. 'W's plan to cut taxes has a secondary affect of reducing what's available to spend. He knows it. He's said it.

Two things got in the way to raise the deficit. 1) War 2) Stock market bubble burst.

Trust the man. He's the first in a long time to tell agencies to cut their spending. No or smaller automatic increases.

[DAnconia55]

Perhaps, but even with reagans tax cuts, revenues increased, but spending increased even faster

A little historical research is in order, here.

Reagan put forth his plan to cut taxes, and made a deal with the Congressional Demonkrats to cut spending.
The astute student will need no foreshadowing.

Guess what happened? The Demons lied. They did not keep their agreements and reduce spending. In fact they INCREASED spending.

You can find all the relevant details online, I'm sure.