Snow said Bush's budget and his push to make permanent tax cuts on income from dividends and capital gains, which are set to expire at the end of 2008, are consistent with long-term goals of reducing the deficit, which the administration projects to reach $423 billion in 2006.
"Lower tax rates are good for the economy and a growing economy is good for Treasury receipts," he said.
YOU'VE GOT RECORD DEFICITS EVERY YEAR!!!!!!! The Treasury is EMPTY...except for the IOUs and Bush's footprints...and you can NOT pay the country's bills without borrowing more money from the Japanese and Chinese. Tax Cuts caused this. That's been proven time and time again. WAKE THE HELL UP!!!!
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