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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (722093)1/17/2006 7:37:41 PM
From: Kenneth E. Phillipps  Read Replies (3) | Respond to of 769670
 
Bush will be responsible for deficits up to 2017. The reason: Permanent tax cuts enacted now will not be able to be repealed because a Republican filibuster in the Senate will prevent that from happening.



To: JDN who wrote (722093)1/17/2006 11:00:46 PM
From: DuckTapeSunroof  Respond to of 769670
 
Nah, JD... it was the Heritage Foundation.

I'm sure what they were doing was just assuming NO CHANGE after Bush leaves office... just doing a straight-line projection of the effect of the current structural deficits and demographics (increase in Medicare spending, war costs, etc.)