Bush White House projects record deficit for 2009

[cwo_ghwebb]

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.

[cwo_ghwebb]

Originally Posted by awpitt

Exactly. Bush could've stopped the deficit spending with a stroke of his pen. There were few, if any, veto proof majorities when Congress passed the appropriations bills.

"We don't do that in this city. We just conveniently charge it to our grandchildren," Coburn said in debate before the vote, noting the record $482 billion deficit projected yesterday for 2009.

And just look at the flack the good doctor is getting from the Socialists.