In 2001 Bush Tax Cuts Promised To Decrease Our Debt By $1.8 Trillion

[upstatecajun]

In 2001 the Heritage Foundation claimed that the Bush tax plan “would save the entire Social Security surplus and and increase personal savings while the federal government accumulated $1.8 trillion in uncommitted funds from FY 2008 to FY 2011, revenue that could be used to reform the Social Security and Medicare systems and reduce the payroll tax.“



The Heritage Foundation pushed hard for affording tax cuts for the wealthy this year.



Among other claims, jobs creation was supposedly going to increase by 1.6 million by the end of 2011

http://freakoutnation.com/2011/04/10/in-2001-bush-tax-cuts-promised-to-decrease-our-debt-by-1-7-trillion/




http://www.facebook.com/pages/The-Liberal-Ohioan/195130570504421

[high density]

1. They're still using the same numbers

that have been discredited over and over about tax cuts supposedly increasing revenue.

[msongs]

2. is that why obama approved their extension this year? think it will work THIS time? nt

[sharp_stick]

3. He traded it off

for ratification of the new Start treaty and ending of DADT.