The tax cuts coincided with a decrease of the budget deficit as a percentage of national income.

ECONOMIST: BY INVITATION: The high road that leads out of the Low Countries | The

By reining in their budget deficits they decrease the likelihood of default.

ECONOMIST: On course, probably

Even doing the same things we do right now with no changes in the budget, the budget deficit as a percentage of the GDP will decrease because the GDP is rising.

FORBES: The U.S. Federal Deficit Reaches A Tipping Point