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<a href="http://www.accessmylibrary.com/article-1G1-134379551/economy-growing-federal-revenue.html" title="Facts and information about The economy is growing, federal revenue is therefore up (14 percent), and the deficit is going down (by $100 billion).(The Week)(Brief Article)">The economy is growing, federal revenue is therefore up (14 percent), and the deficit is going down (by $100 billion).(The Week)(Brief Article)</a>
The economy is growing, federal revenue is therefore up (14 percent), and the deficit is going down (by $100 billion).(The Week)(Brief Article)
National Review
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August 08, 2005 |
COPYRIGHT 2005 National Review, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
The economy is growing, federal revenue is therefore up (14 percent), and the deficit is going down (by $100 billion). What's not to like? Republicans are claiming that the new numbers prove that their tax cuts, and especially the supply-side tax cuts of 2003, worked. Democrats are saying that the revenues are dependent on the fluctuations of the stock market, and thus can't be counted on to continue. Both sides are right. Business investment turned around ...
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Source: HighBeam Research, The economy is growing, federal revenue is therefore up (14 percent),...