Tag: tax reductions

NOT! Rep. Paul Ryan ended up admitting that the GOP budget will run up the deficit “a lot”. “A lot”. On the day before their budget is to be released, this is the kind of hard hitting numbers we saw last week when the Republicans were supposed to release their budget. I guess the GOP […]

Bloomberg has this interesting yet troubling piece of news regarding Bush’s new budget: Feb. 6 (Bloomberg) — Under President George W. Bush’s new budget, the federal deficit would decline gradually until 2010 and then start rising again, as the full impact of his requested permanent tax cuts and other proposals is felt. Bush’s budget for […]