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Adding to the deficit

Analyses show that President Obama's target of reducing the deficit to about 3 percent of the GDP by 2015 could largely be met by letting the Bush-era tax cuts expire at the end of the year.


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What if the Bush tax cuts lapse?
Article | The tax cuts at the heart of a fierce pre-election battle on Capitol Hill were designed when the economy was booming, the federal budget was in surplus and George W. Bush was campaigning for president on a promise to return the extra cash to taxpayers.
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Tea party picking up steam nationwide
Article | Fresh off big primary wins in Delaware and Alaska, national "tea party" groups are redirecting the energy of the movement toward the November midterm elections, raising millions of dollars, expanding their advocacy into dozens of congressional races and building voter turnout operations nationwide.

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