Oct 23, In CBPP estimated that, when the associated interest costs are taken into account, the Bush tax cuts (including those that policymakers made permanent) would addtrillion to deficits from to This means that the Bush tax cuts will be responsible for roughly one-third of the federal debt owed by Estimated Reading Time: 11 mins.
Jun 15, The Bush-era tax cuts (,and ) comprise just 16 percent, ortrillion, of the overall swing from surpluses to deficits [including interest costs]. The other tax cuts, such as the 20stimulus bills, contributed about 12 percent to the deficit swing. If we look at how these factors have changed over the past ten years, it becomes obvious that the Bush-era tax cuts have Estimated Reading Time: 3 mins.
Sep 10, The Tax Foundation has reached a similar conclusion about the Bush tax plan. It estimates the proposal would cut taxes bytrillion over 10 years under a static estimate ortrillion using dynamic scoring. The economists--John Cogan, Martin Feldstein, Glenn Hubbard, and Kevin Warsh-- call their growth forecast bushpruning.buzzted Reading Time: 3 mins.
The Resource Economic Policy Brief: New CBO Analysis Confirms That the Bush Tax Cuts Are Skewed Toward the Rich., United States Joint Economic Committee, One Hundred Eigth Congress, second session., (microform:) Economic Policy Brief: New CBO Analysis Confirms That the Bush Tax Cuts Are Skewed Toward the Rich., United States.
Jan 24, The Bush tax cuts (along with some Obama tax cuts) were responsible for just 24 percent. The New York Times stated in an editorial that the full Bush-era tax cuts were the single biggest contributor to the deficit over the past decade, reducing revenues by Estimated Reading Time: 12 mins.
Dec 06, CBO: Extending the Bush tax cuts for two years is (1) good for short term growth, and (2) far superior to a permanent extension for long term growth.