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Bush Says Social Security Shortfall Huge, but His Tax Cuts and Drug Benefit Cost 5 Times As Much
Center on Budget and Policy Priorities
Feb. 1, 2005 Excerpt: The tax cuts and the prescription drug bill were the President's two principal domestic priorities during his first term. Together, these policies will cost at least five times as much over the next 75 years as the Social Security shortfall (if the tax cuts are made permanent). In other words, the President's domestic policy initiatives will have resulted in fiscal problems much larger than the problem that he now says he wants to address. MORE >> |
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