Tuesday, September 09, 2008

Tax Cuts Pay for Themselves

Except when they don't:

The budget deficit will jump by $246 billion to $407 billion, according to an updated estimate by the Congressional Budget Office released Tuesday.

Last year, the budget deficit was $161 billion. The government's budget year ends Sept. 30.

The agency attributes the jump to "a substantial increase in spending and a halt in the growth of tax revenues."

McCain must not be allowed to win this election. He doesn't give a damn about the economy. Looking forward to Thursday's debate.

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