Another Decade of Bush Tax Cuts Will Cost More than Twice as Much as the First Decade
2011-07-12 | Filed Under SteveG's Posts |
The article Another Decade of Bush Tax Cuts Will Cost More than Twice as Much as the First Decade is from Citizens For Tax Justice.
Extending the Bush tax cuts from 2013 through 2022 would cost $5.5 trillion.
This total includes $1.1 trillion in additional interest payments on the debt.
These numbers put into perspective the President’s efforts to come up with $4 trillion in cuts to the deficit. What would the public’s reaction be if they had access to these numbers?
Post Linx
Permalink | Trackback |
|
Print This Page | Leave a Comment
Comments
Leave a Reply
You must be logged in to post a comment.