Sunday, December 12, 2010

Chart: Bush Tax Cuts Drive Record Deficit Projections

One chart that I posted here showed that the Bush tax cuts were followed by the slowest economic growth since WWII. The chart above, based on Congressional Budget Office estimates, shows the trillions added to the deficit if the Republicans succeed in making the Bush tax cuts permanent. Taken together, the charts completely dismantle the myth that the GOP stands for sound economic policy. (h/t Americablog)

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