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Spending Explosions, not Tax Cuts, Driving Deficits

Posted By Conn Carroll On September 15, 2008 @ 11:33 am In Economics | Comments Disabled


Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org

URL to article: http://blog.heritage.org/2008/09/15/spending-explosions-not-tax-cuts-driving-deficits/

URLs in this post:

[1] reported: http://www.washingtonpost.com/wp-dyn/content/article/2008/09/09/AR2008090901029.html?hpid=sec-nation

[2] The best way to measure budget deficits is as a percentage of GDP, the 2008 budget deficit is 2.9% of GDP compared to 30.3% during WW II and 6% in 1983: http://www.heritage.org/Research/Economy/wm2057.cfm

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