Did Bush Tax Cuts Foreshadow Supercommitte's Failure?
by: Andrea Seabrook, NPR, November 22, 2011 3:11:00 am
November 22, 2011
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The struggles in Washington to get budget deficits under control go back more than a decade. From the time of the budget surpluses and the question of what to do with them, the Capital and the nation have been deeply divided over President George W. Bush's push to give back the surplus as tax cuts. Now, with those tax cuts among the biggest factors behind an exploding federal debt, a solution remains just as elusive.