The Democratic Platform for America: On Budget & Economy, July 2004.
30. September 2009 by Democratic Party News - The News of the Democratic Party.
Cut the deficit in half over the next four years.
We will roll back the Bush tax cuts for those making more than $200,000. We will restore commonsense budget rules that this Administration has abandoned, like “Pay-As-You-Go” rules that require the government to pay for new initiatives. We will commit to living within tough budget caps-real and enforceable limits on what the government can spend. We are committed to cutting the deficit in half over the next four years.
The above is from The Democratic Platform for America: Strong at Home, Respected in the World, the Party Platform of the Democratic National Committee, approved July 2004.