Miss Him Yet?
Thanks for the memories. CBPP (02.17.10), via those commies over at the Washington Monthly:
"Some critics charge that the new policies pursued by President Obama and the 111th Congress caused the huge federal budget deficits that the nation now faces. In fact, the tax cuts enacted under President George W. Bush, the wars in Afghanistan and Iraq, and the economic downturn together explain virtually the entire deficit over the next ten years" Where Today's Large Deficits Come FromAs Steve sez: "For those who believe empirical facts exist, we know exactly what caused the $1.3 trillion budget deficit Republicans left for Democrats to deal with. Boehner's humiliating gibberish notwithstanding, Bush's tax cuts are the single biggest factor in the budget shortfall -- and will remain the single biggest contributor to the deficit over the next decade." UPDATE: More from Matt.