Reply #1: Howard Deans statement on this subject : [View All]

[Capn Sunshine]

CONCORD, NH-Yesterday in an interview with Bloomberg News,
Comptroller General David M. Walker, head of the General Accounting
Office, disputed as "flat false" President Bush's assertion that
economic growth resulting from tax cuts will help shrink the federal
deficit.
Governor Dean issued the following:

"When the federal government's own chief auditor can't trust the
President's rosy scenario budget projections, something is wrong in
America. The truth is, these tax cuts were never meant to reduce
the deficit; they are part of a radical ideological agenda aimed at
starving the federal budget in order to force cuts in vital services
like Medicare, Medicaid, Social Security and public education.

"I'm tired of being misled by this administration. The President
should be honest about what the future of America will look like due
to his policies: it is an America where those at the top are
protected, those in the middle class must struggle to stay there,
and our seniors, our children and our low-income families will be
expected to fend for themselves. President Bush should level with
the people and let them decide if that's the America they want,
since that's the America they're getting.

"David Walker should be commended for saying what so many of us in
both parties have long argued: the supply-side theory that cutting
taxes will ultimately reduce deficits is a myth."

RIGHT ON HOWARD!!!