The Source of Uncle Sam's Deficit

Dr. Bruce Prescott, at Mainstream Baptist, has a great post illustrating the current deficit problem. He writes:

The Center on Budget and Policy Priorities has published a report about "How Projected Surpluses Became Deficits." The chart above puts the information in a nutshell.

I really didn't get much from the Bush tax cuts. I think it was something like $60 a year. I'd gladly give it back with interest if it would help stabilize the economy of our country.

I wonder how many people in the upper income percentiles would do the same?

Excellent question. Any guess as to the answer?

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