PolicyBlog has moved!

Thank you for visiting, PolicyBlog has a new address.

Our new location is http://www.commonwealthfoundation.org/policyblog

Please adjust your bookmarks. Archived posts will remain here for now.

Thanks




Friday, October 06, 2006

Tax Tidal Wave

Wall Street Journal article on how increased federal tax revenue-the largest two year increase in history (stemming from economic growth following tax cuts)-are reducing the federal deficit. Of course, the reason we have a federal deficiti is because federal spending continues to escalate well beyond the rate of inflation - a 9% increase in spending in 2006 after a 7.9% increase in 2005.

No comments: