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Deficit grows worse than Bush expected
Don — (archived)

<Deficit grows worse than Bush expected

And you failed to mention this.

KEY QUOTES:

"This year's federal deficit should exceed $300 billion — the largest ever — as the government's fiscal outlook grows grimmer thanks to surging defense spending and declining revenue, the Congressional Budget Office (CBO) says."

"According to the budget analysis, the federal deficit has reached an estimated $202 billion for the first seven months of the government's budget year, which began Oct. 1. For the same six months last year, the deficit was $65 billion."

"Some private analysts have an even bleaker view of the budget, with some envisioning red ink this year totaling $425 billion."

For the record the last deficit to ever get this bad was $290 million in 1992 during Bush Senior's term of office. Simply put, we can't afford the Bush family any longer. Its time the son join the father in retirement before he and the Republicans bankrupt the country.

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