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Tuesday, 06 September 2011 15:18
Last Updated on Tuesday, 06 September 2011 15:25
Today marks the 10th anniversary of the first of President George W. Bush's two tax cuts, which have played a disproportionate role in blowing up the deficit and debt. As the Center for American Progress' Michael Ettlinger and Michael Linden found, the federal debt would be at a sustainable level today — even with the wars and the financial crisis — were it not for the Bush tax cuts. ThinkProgress has assembled this short animation showing how the Bush tax cuts drove the deficit and debt up and are still ruining the budget picture today.Adding insult to injury, in 2001, Bush promised that he would pay off the federal debt within 10 years.
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Latest Comments
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I was approved for eb which would have been my final 20 weeks I am seeking as have been any employment. it is sad when you can't even get the minimum paying jobs ...
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I live in Texas and have just had my Tier IV benefits (13 weeks) "triggered off" as of May 12th. Everyone that I know is unemployed. I don't know where the state ...
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There is also another company who has had their name stolen, Hostmonster INC, a legit web-hosting company has had their name stolen. They are the newest victims ...
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Walker in WI can twist the numbers however he likes-but the reality is this...since walker's coming into office, over 30,000 WI jobs have been lost--and now ...
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..so i called Colorado unemployment and they said "Yes" for Federal Extended benefits...i will let you know..
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