January 30, 2004 02:33 PM | | Bookmark and Share

Recent estimates from the Congressional Budget Office (CBO) show that President Bush remains on track to add more than $10 trillion to the national debt by 2014, under his current borrow-and-spend policies. Most of that enormous increase in debt stems from the President’s tax cuts, which will cost $5.5 trillion from fiscal 2002 through 2014 if he succeeds in making them permanent.

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