Foundation for Economic Education
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Treasury Report Foresees Sacrifices

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The federal government will need to either cut spending or raise taxes down the road to pay for extending President Bush's recent tax cuts, the Treasury Department said in a report released yesterday, dismissing the idea popular with many Republicans that such sacrifices can be avoided. (Washington Post [1], Wednesday)

Spending is the truer measure of the government's burden

FEE Timely Classic
Undertaxed or Overspent? [2] by E. C. Pasour, Jr.


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

URL to article: http://www.fee.org/articles/in-brief/treasury-report-foresees-sacrifices/

URLs in this post:

[1] Washington Post: http://www.washingtonpost.com/wp-dyn/content/article/2006/07/25/AR2006072501543.html

[2] Undertaxed or Overspent?: http://www.fee.org/publications/the-freeman/article.asp?aid=1477

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