We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are

Life, Liberty and the pursuit of Happiness.

That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed,





Tuesday, June 13, 2006

Tax Cuts Work

Ask your representative to explain this when they tell you they cannot make the Bush tax cuts permanent in the name of "fiscal responsibility".

The U.S. ran a $42.8 bil deficit in May, above views, due to the timing of various benefits payments. But in the first 8 months of fiscal '06, the deficit is off 16.8% vs. a year ago to $227 bil. Tax revenues are up 13.9%, with huge gains from business and the rich. President Bush may meet his vow to halve the budget deficit to 2.25% of GDP — and 3 years early.

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