Surprise shrinking deficit ping in view of massive spending!!!
Heading in the right direction, anyway...
Gee. Tax cuts work?
Can we do it by '08?
'03-'04: $420 Billion
'04-'05: $325 Billion.
'05-'06: $225 Billion
'06-'07: $110 Billion
'07-'08: surplus
If Bush gets us to a budget surplus by 2008, we get to keep the White House for another 4 years.
Willie Green is deeply saddened
Bush's fault.
So we are screwed in 20 years as opposed to 15
Whoo-Hoo
Don't you belive it.
This is under the department of figures never lie, but liars always figure. The increase in the public debt between June 30, 2004 and June 30, 2005 is: 562 billion
Total Public Debt outstanding:
2005: 7,836,496 million
2004: 7,274,335 million
2004:
http://www.publicdebt.treas.gov/opd/opds062004.htm
2005: http://www.publicdebt.treas.gov/opd/opds062005.htm
The difference between the 562 billion actually borrowed, and the 251 billion debt listed or admitted, is that half the debt, including the Iraq war is 'off the books' which means the President and the Congress do not have to account for that borrowing. Our kids will.
BJ Clinton did the same trick for the year that he claimed a balanced budget. Sure the budget was balanced, by borrowing money 'off the books'.
Creative accounting. We sent the bozos from Enron to jail for less. Far less.
Laffer Curve and supply-side Reaganomics win again despite gross spending.
There is no reason whatsoever to believe the figures. The government's books wouldn't stand up to an audit, and their accounting practices would get anyone else thrown in jail.
The budget could easily be balanced in 2006, if they just cut a little pork.
We really need to turn up the heat on the Congress. How about a letter writing campaign to the conservatives?
"Why are you not balancing the budget????"
Now, if we could just get SS 'borrowing' and the Iraq war included on the budget, that figure might mean something.