Quote:
Originally Posted by Cimarron29414
I am SO not looking up the report that the White House issued 6 weeks ago and said it was $1800. Feel free to find it yourself, though.
Right. It wasn't the $787B stimulus that wasn't in the budget? It wasn't the $400B bailout that wasn't in the budget? It wasn't all the other untold billions that were added and I can no longer remember? Yes, I know it wasn't all spent this year, but don't for a second accredit it solely to a lack of tax revenue.
Here's a novel idea: don't spend money you don't have.
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Having to argue with people's feelings and what they think are their recollections can be tiring.
Here's the info you are looking for:
Cap And Trade Will Cost Households Just $175 Annually
And here's the info on taxes:
Historical Source of Revenue as Share of GDP
One year increases in spending are nothing compared to tax cuts without corresponding spending cuts in the long run.