Visiting Sweet Home last week, U.S. Rep. Peter DeFazio said that President Bush is taking a surplus prediction and proposing tax cuts, with persons at the top receiving more than half of the benefits from the cut.
“What he’s proposing is based on (the most optimistic) predictions,” Rep. DeFazio said. Baseline surplus projections by the Congressional Budget Office would not leave enough room for the proposed tax cuts without running a deficit. The most pessimistic…