“None of these tax cuts is affordable. None of them creates jobs, and they are not fair. All of them do damage to our long-term economic growth and contribute to the national deficit.”
Minority Leader Nancy Pelosi (D-CA)
May 09, 2003

Jobs

Fact: 6.6 Million New Jobs
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Fact: Unemployment Rate Drops From 6.3 Percent to 4.6 Percent
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Fact: Unemployment Rate Dropping Faster Than CBO Expected
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Economic Growth

Fact: GDP Soars Following Tax Cut
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Fact: Total Household Net Worth Has Increased by $14.4 Trillion Since the Tax Cut
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Deficit

Fact: The Deficit Has Declined $208 Billion Since April 2004 and $60 Billion Since the Tax Cut Was Signed Into Law
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