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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (60175)4/19/2008 10:05:20 PM
From: Katelew  Respond to of 543391
 
I've seen articles that tried to break out the causes of entire growth of govt. debt under Bush.

I think about half was attributed to the tax cuts, a third to the war, and the rest to miscellaneous.

All I know is that debt has nearly doubled under Bush, and I'm very skeptical that future economic growth can dig us out. We're not through the recession yet to see how much tax revenues will fall.