Applause! "The deficit will come in at only $296 billion.."

[kentuck]

Bush is spreading it on thick and heavy this morning. "The taxcuts are working", he said. From my study of history, a $296 billion dollar deficit would still be the highest in our nation's history? Didn't his father have a deficit of $289 billion when Ross Perot attacked him for it? So what the hell is this guy bragging about? The "conservative agenda" is the biggest hoax ever perpetrated on the American people, I am convinced.

[cantstandbush]

1. And 296 billion is a lie. Ask how they arrived at those numbers. nt

[cantstandbush]

2. But nevermind that Bush was handed a SURPLUS. And how quickly

did that disappear.

[kentuck]

3. They don't even count the $100 billion supplemental for Iraq...

passed just 3 or 4 weeks ago. You are absolutely right.

[magellan]

4. Bush** didn't lie about one thing

He is a very optimistic person.

[DianeG5385]

5. Why is he so freaking belligerent?

It's like the more agressive he is we MUST belive the crap that comes out of his mouth!

See there he goes! They are determined to destroy SS and Medicare before the midterms. They're going to ram this stuff down our throats.

[flpoljunkie]

6. Almost 1/3 taxpayers received no tax cut from Bush's 2003 tax cut plan.

Bush's tax cuts are not working for most Americans.

http://www.ctj.org/html/gwb0103.htm

Almost a third of America’s couples and singles would receive absolutely no tax cut from President Bush’s proposals to accelerate some of his previously-enacted tax cuts and exempt dividends from personal income taxes. A new analysis released by Citizens for Tax Justice looks at the 2003 effects of the latest Bush tax cut plan on a state-by-state basis. The analysis finds that the shares of taxpayers slated to get no tax cut are especially high in lower-income states.

Nationwide, 31 percent of taxpayers would get nothing from the Bush plan.

The dozen states with the highest percentages of taxpayers who would get nothing at all from the latest Bush tax proposals include: Mississippi (44%), Louisiana (42%), West Virginia (42%), Arkansas (40%), Alabama (39%), Kentucky (38%), Oklahoma (38%) , South Carolina (36%), Montana (36%), Idaho (35%), Tennessee (35%), and New Mexico (35%). Ironically, all of these states except New Mexico cast their electoral votes for Bush in the last presidential election.

“It’s no wonder that the President’s latest round of upper-income tax cuts is polling so poorly,” said CTJ director Robert S. McIntyre. “Four out of five taxpayers would get no tax cut from Bush’s proposal to eliminate taxes on dividends, one in three would get zero from the entire package, and the median tax reduction is only $289. Why would most people want to endanger important programs, swell both federal and state budget deficits, and hurt our economy for so little in return?”