The evil Bush tax cuts in one graph

Let's take a look at federal spending versus its receipts from the last two years of Bill Clinton, all eight years of G. W. Bush, and four years of Barack Obama:

George W. Bush and supporters of the tax cut said federal revenue would go up after passing the cuts and it appears it did...

In fact, federal receipts reached Clinton-era levels without Clinton-era tax rates in 2006, not long after all the cuts went into effect (passed in 2001 and 2003, they were tweaked with in 2005)...

In other words, tax cuts grow revenue to the government.

That said, the next time Democrats take facts, logic and reason into account when setting policy will be the first time.