Bush43 will never be confused with a limited government conservative. Its fiscally responsible to cut taxes, but if you don’t cut spending at the same time, government will continue to grow. Those increased revenues have only fed the bloated federal bureaucratic spending beast. The Feds are on the verge of spedning 70% of the annual budget on social welfare state programs. Dubya`s trillion dollar liberal prescription drug entitlement program has been a driving force towards a more expansive federal bureaucracy.
“Dubya`s trillion dollar liberal prescription drug entitlement program has been a driving force towards a more expansive federal bureaucracy.”
And without that, you would be close to looking at an off-budget balance this year. The government would still be racking up more debt, but the amount of the debt held by the public could be decreasing, just as it did in the late 90s....
Getting the gov’t out of direct competition for investment dollars by limiting the amount of debt available to the public would be a good thing....