ARTICLE: Budget Office Forecasts Drop in U.S. Deficit, By EDMUND L. ANDREWS, New York Times, January 25, 2007
Fascinating, confirming what many have said all along: the tax cuts were a huge cause in deficit.
On other hand, you have to factor in counter that says cuts were great stimulus for economy.
So, if self-correcting in their budget impact, then job of cuts is done and they should be allowed to lapse and Bush gets credit for both ends.
Or... GOP gets stubborn, Dems get overly partisan, and this doesn't get done?
Just a thought...