Oct 23, 2017 ... Despite promises from proponents of the tax cuts, evidence suggests that they  did not improve economic growth or pay for themselves, but instead ballooned  deficits and debt and contributed to a ... This means that the Bush tax cuts will be  responsible for roughly one-third of the federal debt owed by 2018.
Jan 28, 2009 ... President Obama won House approval for an $819 billion economic plan without  a single vote from Republicans as Democrats sought to temper their own ...  Democrats' goal is to have the stimulus package, which is roughly two-thirds new  spending and one-third tax cuts, to Mr. Obama's desk for his ...
Beginning in 2008 many nations of the world enacted fiscal stimulus plans in  response to the Great Recession. These nations used different combinations of  government spending and tax cuts to boost their sagging economies. Most of  these plans were based on the Keynesian theory that deficit spending by  governments ...
Feb 1, 2009 ... The centerpiece of President Obama's domestic agenda is an $819 billion  economic stimulus plan. The Senate will consider the ... what to consider a tax cut . An analysis by the nonpartisan Congressional Budget Office tallies the tax-cut  portion to be significantly less than the one-third Democrats claim it to be.
Feb 2, 2009 ... The House version is two-thirds spending and one-third tax cuts. Of concern for  Republicans has been how much of the money will be spent in the near future.  An analysis released Monday by the Congressional Budget Office estimated the  stimulus plan before the Senate would use 78 percent of the ...
One-third of the economic stimulus package was tax cuts.