Growing Revenues to Shrink Deficit, Budget Chief Says

The economy and federal revenues are growing at such a rapid rate that the deficit will shrink in the short term, President Bush's chief budget official says . . . . Rob Portman . . . said the president's economic policies have led to exceptional economic growth, which has in turn led to bulging federal receipts. (Washington Times, Monday)

This isn't really all good news.

FEE Timely Classic
Does Government Always Have to Grow? by Stephen Davies