Americans skeptical of tax cuts

July 12, 2006

coffeeThanks to a surge of tax revenue, the latest government figures project a $296 billion federal deficit this year, down from $318 billion in 2005 and ahead of early predictions. While that’s positive news for the year-to-year budget, it still leaves a federal debt that has increased subsantially in recent years.

More than half the public says reducing the deficit should be a top priority, but a number of other concerns rank higher. President Bush said the surge in tax revenues shows his tax cuts are working, as surveys show half the public skeptical that the tax cuts have been worth it because of the impact on the deficit.

—-From Public Agenda, a nonpartisan opinion research organization


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