As this graph which uses CBO projections shows just how big a chunk of the deficits now and into the future are due to the Bush tax cuts. As it shows, that orange wedge just keeps getting thicker as it moves into the future. Now come Ryan and Pawlenty and almost every Republican wannabe president with ideas of actually making those tax cuts bigger and permanent while having no sensible mechanism to close the deficits that they will produce. Their economic thinking is bizarre to the point of certifiable. The cuts have to end and soon if this country is ever going to have a chance at some fiscal balance.
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