Federal borrowing raised to record level:
"The government expects to borrow a record $188 billion in the January-March quarter, even more than it anticipated three months ago, the Treasury Department announced Monday."
So why, when faced with enormous deficits, do the Republicans still cling to their failed economic policies?
"The administration contends the tax cuts helped to get the country out of the 2001 recession and must be made permanent so economic growth will not be slowed in the future."
No, no and no. People did not receive actual, real, cuts. I certainly didn't. All it did was give a few massive cuts, and drove the deficit to new lows. It's a failed policy, and it has failed time and again. I thought the Republicans were supposed to be the party of "business and prosperity" while the Dems were the ones who spent us into oblivion? Yet, Bush has added more government than any other President in history.
Why is it so hard to see the numbers?