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"Additional revenue generated from groups that pay their taxes quarterly — primarily corporations, small businesses and the wealthy — dropped the projected federal deficit for the 2006 budget year to $296 billion, a $127 billion decrease from a February estimate, Bush said.

Together, these tax cuts left nearly $1.1 trillion in the hands of American workers and families and small-business owners. And they used this money to help fuel an economic resurgence that's now in its 18th straight quarter of growth," he said."

fox