Thursday, August 11, 2005

another-dope-heard-from Hear hear. You're full of s--- too, Mick. Hat tip: The American Mind , Matt Welch at Reason.com , Classical Values and the Marshall Blog . - Amy Ridenour [Amy Ridenour's National Center Blog] 3:38:52 PM    comment [] trackback []

Taxes Cut, Revenue Increases, What? Flash, cutting taxes actually does generate more revenue. Receipts, i.e. taxes, increased a billion dollars more than expected. OK, democrats please explain why cutting taxes won't increase revenue again? Grow the economy, shrink the budget deficit. From Gopbloggers.org below Incredible Shrinking Deficit Keeps Shrinking. This just in: The U.S. federal budget deficit shrank to $52.8 billion in July from $69 billion a year ago, the Treasury Department said Wednesday. The deficit was about $5 billion less than the $58 billion estimated by the Congressional Budget Office a week ago. Receipts came in $1 billion more than expected, while outlays were $4 billion less than CBO projected. Through the first 10 months of the fiscal year, the federal deficit has totaled $302.6 billion, $110.2 billion less than at this time in 2004. Receipts are up 13.7% year-to-date at $1.75 trillion. Outlays are up about 6.1% year-to-date at $2.05 trillion. That's a 23% decline year-over-year. It's also 9% less than what CBO projected just one week ago. [GOP Bloggers] 1:46:10 AM    comment [] trackback []

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