| Nussle said the $170 billion, bipartisan stimulus, which congressional Democrats and Bush agreed to earlier this year, was a major reason the deficit was expected to reach record levels next year. The deficit projection for 2009 would have been only 2.2 percent of the economy, or $272 billion, if the stimulus package is excluded, Nussle said.
And this bit of opinion vs factual reporting:
The Bush administration has spent heavily on the wars in Iraq and Afghanistan, and faces a large budget shortfall in tax revenue in part because of Bush's tax cuts and a souring economy.
The reporters can't even report the facts without inserting their opinions. There will always be a budget shortfall in tax revenue if the spending is more than the revenue.
These reporters need to go back to high school and learn how to balance their checkbooks. |