Foundation for Economic Education » Growing Revenues to Shrink Deficit, Budget Chief Says

Growing Revenues to Shrink Deficit, Budget Chief Says

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The economy and federal revenues are growing at such a rapid rate that the deficit will shrink in the short term, President Bush's chief budget official says . . . . Rob Portman . . . said the president's economic policies have led to exceptional economic growth, which has in turn led to bulging federal receipts. (Washington Times ^[1], Monday)

This isn't really all good news.

FEE Timely Classic
Does Government Always Have to Grow? ^[2] by Stephen Davies

Article printed from Foundation for Economic Education: http://www.fee.org

URL to article: http://www.fee.org/articles/in-brief/growing-revenues-to-shrink-deficit-budget-chief-says/

URLs in this post:

[1] Washington Times: http://www.washtimes.com/national/20060710-123902-1077r.htm

[2] Does Government Always Have to Grow?: http://www.fee.org/publications/the-freeman/article.asp?aid=4372

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