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Tuesday, July 11, 2006

[+/-]
 Bush robbing you blind

Bush wants kudos for yet another massive budget deficit.
Today, the Office of Management Budget projected a $296 billion federal deficit for fiscal year 2006. Bush held a press conference arguing that this is a vindication of his economic policies.

Actually, it would be the fourth largest deficit of all time. Here's the top five:
  1. 2004 (George W. Bush) $413 billion
  2. 2003 (George W. Bush) $378 billion
  3. 2005 (George W. Bush) $318 billion
  4. 2006 (George W. Bush) $296 billion (projected)
  5. 1992 (George H. W. Bush) $290 billion
When President Bush came into office, he inherited a surplus of $284 Billion. At that time, the Bush administration predicted a $516 billion surplus for 2006.
Remember when Republicans thought deficits were evil?

4 Comments:

Anonymous Anonymous said...

296 billion is a drop in the bucket to Uncle Sam, you know there is a war going on.

2:42 PM  
Blogger Nanovirus said...

That is a lot of my and your money for waging war in Iraq while Osama Bin Forgotten.

3:11 PM  
Anonymous Anonymous said...

Comment logged by DHS.

8:04 PM  
Anonymous Anonymous said...

I'm sure ALL the comments are logged by DHS. But hey, it isn't fascism when America does it, right?

1:49 AM  

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