It's not lower taxes or tax rates.
http://www.nationalreview.com/corner/362063/where-deficits-come-kevin-d-williamson
If we had Eisenhower-era revenue today but 2013 levels of spending, then we could expect a deficit of about $720 billion, about what the White House is expecting this year.
http://www.nationalreview.com/corner/362063/where-deficits-come-kevin-d-williamson
If we had Eisenhower-era revenue today but 2013 levels of spending, then we could expect a deficit of about $720 billion, about what the White House is expecting this year.
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