I like the WSJ just fine, just don't pay for it anymore so reading online is limited for me.

CBO Data Show Tax Cuts Have Played Much Larger Role than Domestic Spending Increases in Fueling the Deficit

The new Congressional Budget Office budget projections released today show that the nation faces a fourth consecutive year of substantial budget deficits. Some seek to portray “runaway domestic spending” or growth in the costs of entitlement programs as the primary cause of the shift in recent years from sizeable surpluses to large deficits. Such a characterization is incorrect. In 2005, the cost of tax cuts enacted over the past four years will be over three times the cost of all domestic program increases enacted over this period.

http://www.cbpp.org/cms/?fa=view&id=966

Though it's from 05 it shows how tax cuts have put us farther into debt.
" I know Hank, but your the one who brought up the subsidy issues dating back to 1913"

grin

Fishy


Edited by Somethingsmellsf (03/04/13 11:10 PM)
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NRA Life member

The idea of a middle class life is slowly drifting away as each and every day we realize that our nation is becoming more of a corporatacracy.

I think name-calling is the right way to handle this one/Dan S

We're here from the WDFW and we're here to help--Uhh Ohh!