In a Wall Street Journal op-ed today, President Bush falsely suggests that his tax cuts have increased federal revenue yet again:

It is also a fact that our tax cuts have fueled robust economic growth and record revenues. Because revenues have grown and we’ve done a better job of holding the line on domestic spending, we met our goal of cutting the deficit in half three years ahead of schedule. By continuing these policies, we can balance the federal budget by 2012 while funding our priorities and making the tax cuts permanent. In early February, I will submit a budget that does exactly that. The bottom line is tax relief and spending restraint are good for the American worker, good for the American taxpayer, and good for the federal budget. Now is not the time to raise taxes on the American people.

By balancing the budget through pro-growth economic policies and spending restraint, we are better positioned to tackle the longer term fiscal challenge facing our country: reforming entitlements–Social Security, Medicare and Medicaid–so future generations can benefit from these vital programs without bankrupting our country.

But as I’ve pointed out over and over since 2001, Bush’s suggestion is false. Indeed, his own economists have repeatedly admitted that tax cuts do not increase revenue. It’s a sad commentary on the nation’s press corps that this falsehood so often goes unchallenged.