Bush's Tax cuts equal the Social Security and Medicare 75 year deficit combined!

Bush's Tax cuts equal the Social Security and Medicare shortfall combined.

That's right. Bush robed Americans of their future security to buy his election.

If not for Bush's tax cuts, there would be NO SOLVENCY ISSUE WITH SOCIAL SECURITY OR MEDICARE. Both would be solvent for the next 75 years.

Coincidence that the total cost of the Bush tax cuts is equal to the combined obligation of Medicare and Social Security. Not at all.

Bush said he found a surplus in the Budget. That wasn't a surplus. that was the Social Security Trust Fund and the Medicare funds.

Bush robed from the poor to give to the rich.

Now he wants the poor to pay for it, and refuses to have the Rich pay it back. He will cut the poor's future benefits and give more to the Rich in addition tax cuts.

Here is the proof http://www.cbpp.org/4-14-04tax-sum.htm

The Long-Term Costs
If the tax cuts the Administration wants to make permanent are made permanent, current relief from the swelling Alternative Minimum Tax is continued, as most observers expect it will be (the Administration supports continuation of AMT relief but has not yet put forward a specific AMT proposal), and the additional tax cuts the Administration has proposed are enacted, the future costs of these tax cuts will be extremely large.
Over the 10-year period from 2005 through 2014, the direct costs of the enacted and proposed tax cuts would total $2.8 trillion. The cost would equal 2.1 percent of the economy in 2014.
From 2005 through 2014, the increased interest payments on the debt that result from the tax cuts would amount to $1.1 trillion. The interest payments would grow steadily with each passing year and in 2014 would equal $218 billion — or 1.2 percent of the economy. This amount alone is as large a share of the economy as the government now spends on all programs and activities under the Departments of Education, Homeland Security, Interior, Justice, and State combined.
Considering both the direct costs of the tax cuts and the associated increase in interest payments, the tax cuts would increase deficits by nearly $4 trillion between 2005 and 2014.
Over the next 75 years, the cost of these tax cuts — assuming they are made permanent — would be more than the combined shortfall in the Social Security and Medicare Hospital Insurance trust funds.
In the absence of the tax cuts, the deficit picture over the coming decade would look very different. Without the tax cuts, the deficit would be under $100 billion in most years. With the tax cuts, the deficit is projected to grow to more than $675 billion by the end of the decade.[2] If the tax cuts are extended, revenues over this period will remain at quite low levels by recent historical standards. Over the next decade, average revenues as a share of GDP would be lower than the average levels of revenues in the 1960s, 1970s, 1980s, and 1990s.

Time will tell all the Truth.VT