For several years now we've been hearing about the "Failed Bush Policies" and how we need to increase taxes in order to resolve our debt and deficit crisis. Obama claims that unless we increase taxes the government won't have the revenue it needs to pay bills. Oh Really?
And when do you think the Government had it's highest revenues in our history? Do you think it was under Bill Clinton? Well you would be wrong.
The highest Revenues to the US Treasury were in 2007 and 2008 when for the first time in our History the Government took in over $2.5 Trillion Dollars. This was direct result of the Bush Tax Plan and had it not been for Democrats Barney Frank, Chuck Schumer and Chris Dodd insisting on flaky home loans it would have continued.