The Democratic Congress's 2008 Budget: A Tax and Spending Spree
Publication Date: October 2007
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Brian M. Riedl
Research Area: Banking and finance
Keywords: Budget; Taxes; Budget; pork
Type: Report
Coverage: United States
Abstract:
Congressional Democrats have portrayed themselves as responsible fiscal stewards who would rein in spending, clean up pork-barrel projects, resist large tax increases, and maintain strict PAYGO rules. They have failed on all four counts, leaving the nation saddled with an increasing tax burden and bloated government and ill-prepared to fund the coming retirement benefits for 77 million baby boomers.
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