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❌I Took The Red Pill❌ @ITTRP
, 4 tweets, 2 min read Read on Twitter
@FrankLuntz After 2003 Bush Tax Cuts,
revenues increased and deficits decreased:
Revenues ↑ 44% in 4 Fiscal Years: 2003-07, from $1.8T ↑to $2.6T
Deficits ↓ 61% in 3 Fiscal Years: 2004-07, from $412B ↓to $161B…
@FrankLuntz Then the Democrats took majority control and
TRIPLED the FY deficit in their 1st year, then
TRIPLED it AGAIN in their 2nd year.

FY 2007 Hastert/Frist/Bush GOP deficit: 1.1% of GDP
FY 2009 Pelosi/Reid/Obama DEM deficit: 9.8% of GDP…
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