Media
Too Much Spending or Not Enough Taxes?
Chart-master Veronique de Rugy sums up the debate over extending the tax cuts and federal deficits in a simple chart. The dominant blue bar represents the mind-boggling $42 trillion in estimated federal spending over the next 10 years. The tiny red bar is the CBO’s estimate of $700 million in lost revenue by extending the tax cuts for high income earners.
