Should be dropping faster, and it will be. The Administration is aiming for a "no-growth" budget this year. If it passes, we could be looking at a balanced budget before 2008.
Which would be in keeping with the ethos of this president...kinda like a Boy Scout (and I believe he was a cub)....leave things in better shape than you found them.
Uh yeah, as long as the Medicare expansion passed last year is repealed.
The libs will have a huge hissy fit if that happens just before the election.