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Federal Tax Policies In Focus

8/23/2005

Effects of Federal Tax Cuts

A few facts:

In January 2001, the federal government had a surplus of $5.6 trillion; projections for March 2005 show a deficit of $3.7 trillion. 48% of the 2005 deficit can be attributed to federal tax cuts. Of the other 52%, 37% is spending on defense and homeland security, 8% on entitlements (such as medicare), and 7% on other discretionary spending.

• The effects of federal tax cuts In Focus
• Learn more about the impact of federal tax cuts
• The impact of the proposed repeal of the federal estate tax In Focus
• Learn more about the Estate Tax

KNEA Legislative Contacts

Blake West, President
Mark Desetti, Director, Legislative and Political Advocacy
Terry Forsyth, Director, Political Action

The KNEA Lobby Team consists of elected leaders and staff. The Lobby Team welcomes member feedback on issues before the Legislature and on this site.