real cause of our huge deficit! Junior stated that "The reason we are where we are, in terms of the deficit, is because we went through a recession, we were attacked and we're fighting a war."
But according to the non-partisan Congressional Budget Office, the single biggest cause of the deficit is Junior's massive tax cuts for the wealthy which he conveniently did not mention in his State of the Union message. Specifically, 36% of the deficit comes from tax cuts, while 31% comes from defense/war related spending increases and the rest comes from the general economic slowdown. In other words Junior and his band of coward thugs are falsely invoking national security, the terrorist attacks of 9/11 and the war in Iraq to hide the fact that his tax cuts for the wealthy (which BTW includes me, I made a ton of $$$ under Bubba) have created the largest deficit in American history.
With 88% of Americans now believing that the deficit is a "very serious problem," Junior is still trying to blame government spending (the war) for his deficit. But again, as the CBO notes, spending is at "a lower level than in any year from 1975 through 1996." And as Junior and the chickenhawks try to starve Veterans health care, low-income housing and health care programs of funding, he is pushing more than $1 trillion in new tax cuts, primarily for his rich cronies who got him appointed.
Thinks about it in November, especially if you are a parent or grandparent!
Semper Fi,
Lt. Dan
But according to the non-partisan Congressional Budget Office, the single biggest cause of the deficit is Junior's massive tax cuts for the wealthy which he conveniently did not mention in his State of the Union message. Specifically, 36% of the deficit comes from tax cuts, while 31% comes from defense/war related spending increases and the rest comes from the general economic slowdown. In other words Junior and his band of coward thugs are falsely invoking national security, the terrorist attacks of 9/11 and the war in Iraq to hide the fact that his tax cuts for the wealthy (which BTW includes me, I made a ton of $$$ under Bubba) have created the largest deficit in American history.
With 88% of Americans now believing that the deficit is a "very serious problem," Junior is still trying to blame government spending (the war) for his deficit. But again, as the CBO notes, spending is at "a lower level than in any year from 1975 through 1996." And as Junior and the chickenhawks try to starve Veterans health care, low-income housing and health care programs of funding, he is pushing more than $1 trillion in new tax cuts, primarily for his rich cronies who got him appointed.
Thinks about it in November, especially if you are a parent or grandparent!
Semper Fi,
Lt. Dan