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But the economy was struggling to recover from the worst recession since.

Dec 10, 1. The Bush Tax Cuts Are Costly.

Most of the tax cuts were scheduled to expire December 31,

Policymakers enacted the Bush tax cuts in 20and extended them in; they are set to expire at the end of As the first chart shows, the tax cuts have been a key driver of the federal deficit and will account fortrillion in deficits over the period if extended. bushcutter.buzzted Reading Time: 4 mins. Feb 28, The Bush tax cuts were two tax code changes that President George W. Bush authorized during his first term. Congress enacted tax cuts to families in and investors in They were supposed to expire at the end of Instead, Congress extended them for two more years, and many of the tax provisions remain in effect- and continue to affect the economy- to this bushcutter.buzzg: Lexington MA.

Jan 24, The Bush tax cuts (along with some Obama tax cuts) were responsible for just 24 percent. The New York Times stated in an editorial that the full Bush-era tax cuts were the single biggest contributor to the deficit over the past decade, reducing revenues by Estimated Reading Time: 12 mins. Oct 23, The biggest tax policy changes enacted under President George W.

Bush were the 20tax cuts, often referred to as the “Bush tax cuts” but formally named the Economic Growth and Tax Relief Reconciliation Act of (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of (JGTRRA).Estimated Reading Time: 11 mins.

The impending expiration of the Bush tax cuts became a major focus of the tax debate during the first decade of the century.

Jan 02, With Tuesday’s House vote, the George W. Bush tax cuts, born inreach a new milestone. Originally scheduled to expire at the end ofthey Estimated Reading Time: 5 mins.