When Bush took office in 2001, he was handed a surplus of $128.2 billion. But after two tax cut bills and two unpaid-for wars, we ended up with a deficit of $1.4 trillion.
Maria Cantwell: “When Bush took office in 2001, he was handed a surplus of $128.2 billion. But after two tax cut bills and two unpaid-for…”
Editor's note · Context
Discussing the impact of tax cuts and wars on the deficit.
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