Overspending Caused the Deficits | The American Spectator | USA News and Politics
Overspending Caused the Deficits

At the Tax Foundation blog, Scott Hodge takes on the “urban legend” that the Bush tax cuts are the cause of the current deficits. Drawing on a Congressional Budget Office review, Hodge argues that higher spending is the biggest cause of the deficits, responsible for about 44 percent of the overhang. He then presents these graphs: 

He has the Bush tax cuts generating 16 percent of the deficits. 

Sign Up to receive Our Latest Updates! Register

Notice to Readers: The American Spectator and Spectator World are marks used by independent publishing companies that are not affiliated in any way. If you are looking for The Spectator World please click on the following link: https://thespectator.com/world.

Be a Free Market Loving Patriot. Subscribe Today!