Just a few facts for the discussion: compared to the bush years, revenue is down $500 billion even though the tax rate is the same, probably due to poor economy. Spending is up $1 trillion annually. That is how we arrived at the $1.5 annual deficit. Not sure what is to blame?
Just a few facts for the discussion: compared to the bush years, revenue is down $500 billion even though the tax rate is the same, probably due to poor economy. Spending is up $1 trillion annually. That is how we arrived at the $1.5 annual deficit. Not sure what is to blame?