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Politics : PRESIDENT GEORGE W. BUSH
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To: Skywatcher who wrote (533407)1/31/2004 9:42:33 PM
From: Kenneth E. Phillipps  Read Replies (2) of 769667
 
The Bush tax cuts caused a loss of fiscal discipline. When Clinton had to negotiate a budget with a Republican Congress, we had fiscal discipline and balanced budgets. As soon as the tax cuts were enacted, we lost the fiscal discipline and the budget deficits soared. It is a very serious problem.
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