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Despite President Bush's assurance in 2001 that his tax cuts "could happen without fear of budget deficit, even if the economy softens," the estimated $455 billion budget deficit this fiscal year will be the highest in U. S. history.

In the President's 2002 State of the Union message he tried to shift blame onto Congress, saying "our budget will run a deficit that will be small and short-term so long as Congress restrains spending," but earlier this month he admitted his tax cuts account for 25% of the deficit.

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just thought i'd share this with y'all!
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