A forthcoming study by the Center on Budget and Policy Priorities concludes that the $1.4 trillion annual deficit run by the government has little to do with current White House policies and much to do with George W. Bush's actions.
"What we have looked at were several major contributors to the deficit: the tax cuts between 2001 and 2003 (on the assumption they get extended in 2010), the cost of the wars in Iraq and Afghanistan and the effects of the recession as well as the legislative response to the recession," James Horney, director of federal fiscal policy at the Center, told the Huffington Post. "When you take those things into account -- in other words, if we hadn't enacted the tax cuts, had the wars, if we hadn't had the recession and needed the legislation to deal with those problems -- the deficits are much, much lower. And basically none of those represent Obama's policies.
Answer by sweet-a-kins at 2:50 PM on Dec. 10, 2009
Answer by QuinnMae at 3:15 PM on Dec. 10, 2009
Answer by May-20 at 3:21 PM on Dec. 10, 2009
Answer by Carpy at 3:49 PM on Dec. 10, 2009
Answer by Carpy at 3:53 PM on Dec. 10, 2009
Answer by PsWifey at 3:56 PM on Dec. 10, 2009
I'm sorry, but I just have to wonder what stories this guy has growing up with the name Horney. Sorry to toilet up your post sweet, but I am on antihistamines and my mind is in the clouds. LOL. Are you Horney baby? (in an Austin Powers accent) "why yes, yes I am."
No need to be sorry, I snickered to myself!! lol
Answer by sweet-a-kins at 4:15 PM on Dec. 10, 2009
Answer by grlygrlz2 at 9:14 PM on Dec. 10, 2009