Video Game Forums - View Single Post - CBO Forecast Shows Runaway Spending—Not Tax Cuts—Causing Deficits

Nick · 01-30-2005, 02:55 AM

Basic principle: You do not go into debt if you pay as you go. Lower tax revenue means lower government income, meaning less they have to spend.

01-30-2005, 02:55 AM	#3
Nick Banned Join Date: Dec 1969 Posts: 0 Thanks: 0 Thanked 0 Times in 0 Posts Points: 10,935.00 Bank: 500.00 Total Points: 11,435.00 Donate	Basic principle: You do not go into debt if you pay as you go. Lower tax revenue means lower government income, meaning less they have to spend.