NYcarbineer
Diamond Member
Bush cut taxes the same year he added the cost of the Afghan war to the budget. Bush cut taxes the same year he added a second war, Iraq, to the budget. Bush let PAYGO expire and because he did so, the GOP was able to pass Medicare part D without paying for it.
The combination of lost revenue from the tax cuts and added expenditures from 2 wars and a huge drug program pretty much account for Bush's deficts and debt accumulation.
In other words, Bush only ran deficits because he and the GOP initiated policies that were the textbook formula for running deficits.
The combination of lost revenue from the tax cuts and added expenditures from 2 wars and a huge drug program pretty much account for Bush's deficts and debt accumulation.
In other words, Bush only ran deficits because he and the GOP initiated policies that were the textbook formula for running deficits.