Beyond The Beltway: When Tax Cuts Hit Texas

As a candidate, he promised big tax cuts and won a close election. As a chief executive, he made delivering on that pledge his first item of business. Lawmakers lined up to vote for his tax bills--but over time, those cuts reduced government revenues and threw the budget out of whack, undercutting essential programs like Medicaid.

That may sound like Tom Daschle's warning cry about what will happen to America if President Bush's tax cuts become law. But critics charge that it's also what happened to Texas after Governor Bush's tax cuts became law there. They say the nearly $3 billion-plus...

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