Re: Bush Deficit Skyrockets
Well, see? Someone finally took my advice!
It's a little difficult to blame the deficits on tax cuts, since most of them have yet to be enacted. In 2002, the Bush tax cuts already enacted dropped the top rates from 39.1 and 35.5 percent to 38.6 and 35 percent respectively. Hardly likely to be the cause of a massive revenue collapse.
When the economy improves, so will the deficits. Wouldn't suck for both parties to put a few brakes on the pork festival, either.