Wednesday, February 6, 2008

WSJ.com - Commentary: The 'Stimulus' Deficit

 
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The federal deficit is taking a giant leap backward, thanks in part to the $150 billion in "temporary" tax cuts.

By signing on to a bigger deficit for the sake of election-year stimulus, Mr. Bush is making it easier for Democrats to wave the red ink as an excuse to justify repealing his 2001 and 2003 tax cuts next year.
 
   
   
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