I can't wait for democrats to have more power!
"An analysis of the House Budget Resolution for FY 2009 (H.CON.RES.312) reveals that the U.S. economy will suffer huge losses in gross domestic product (GDP), job creation and personal income if implemented. Analysts at the Center for Data Analysis estimated the economic costs of the budget resolution by looking at the combined effects of provisions contained within the legislation along with the effects of allowing the Bush Tax Cuts of 2001 and 2003 to expire. The House’s budget could cause a loss of more than $100 billion in GDP in 2012 and could also reduce job creation by over 1 million jobs that year. Furthermore, as a result of the House budget, every taxpayer can expect to pay, on average, more than $2,000 in taxes in 2012, while also losing an average of $1,767 in personal income."
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