The Rising Cost of Popularity

I'm attaching some facts about our nation's rising deficit...if you want more information on this, you can go to http://www.calltorenewal.org/ and click on public policy

Information about our Deficit
-Current deficit of $427 billion, the third straight record year for deficit.
-From 2005-2010, spending would exceed revenues, yielding total deficit of $1.82 trillion.

Tax Policy
-Federal tax revenues are at their lowest point since 1959 (as a share of the economy).
-New tax breaks would reduce revenue by $1.4 trillion over 10-year period.
-New tax cuts coupled with ‘01 and ‘03 cuts, if extended through 2015, would cost $2.45 trillion.