Bush Tax Rate Cuts Raises Taxes

See International Herald Tribune U.S. deficit forecast to decline this year January 25, 2007

■ “The U.S. Congressional Budget Office projects the national budget deficit to shrink again this year”
■ “The agency said Wednesday that the deficit for 2007 would decline to about $200 billion.”
■ “It would be the third big annual decline in a row, and it would come even though spending on the war in Iraq is expected to remain high this year.”