that little event that occurred on 9-11 is why GWB had deficits until 2008 and 2009
The GOP congress balanced the budget and that never changes if not for the changes 9-11 brought us
Actually, this is untrue.
The
reason Bush gave for his eponymous tax cuts is because there was supposedly all this extra surplus money laying around after Clinton, and Bush felt that money belonged to the American people.
I hope you'll join me in standing firmly on the side of the people. You see, the growing surplus exists because taxes are too high, and government is charging more than it needs. The people of America have been overcharged, and, on their behalf, I'm here asking for a refund.
By the way, that's an open admission that higher taxes bring higher revenues right there!
The Bush Tax Cuts™ came in two installments.
One before 9/11, and
one long after.
So why did Bush give that money back to the people when that money was not really there? Why did he give tax cuts that he admitted would lower revenues if he was going to be running half trillion dollar deficits?
Because the GOP is the party of "borrow and spend".
.