Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (226981)	3/29/2005 6:25:01 PM
From: Road Walker	Read Replies (1) \| Respond to of 1573104

re: You aren't making any new argument, or even presenting any new facts. You are presenting 1 - Someone else making the same argument that you have already been making, and 2 - Providing more detail about the facts that you have already presented. Pardon me? You have said the deficit was entirely due to increased spending; I said it was due to both the tax cuts and spending. The CBO, that's the <Republican> Congressional Budget Office says "CBO FIGURES INDICATE LOWER REVENUES, NOT HIGHER SPENDING, ACCOUNT FOR THE LARGE DEFICIT". But I suppose you have a better handle on the budget than the Congressional Budget Office. BTW, if you look here: taxpolicycenter.org You will find that tax revenue from individuals was down in '01, '02' and '03; up very slightly in '04. Corporate Revenue and Social Insurance and Retirement Receipts are the revenue line items that have kept government revenue growing. Your argument that it's spending increases alone that have created the budget deficit are clearly wrong. John