Go Back   I-Mockery Forum > I-Mockery Discussion Forums > Philosophy, Politics, and News
FAQ Members List Calendar Today's Posts

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1  
mburbank mburbank is offline
The Moxie Nerve Food Tonic
mburbank's Avatar
Join Date: Mar 2001
Location: right behind you
mburbank has disabled reputation
Old Jan 4th, 2005, 11:41 AM        Bush Administration Lies about Defficit
In Plan to Reduce Deficit, White House Turns to Old Projections
By EDMUND L. ANDREWS

Published: January 2, 2005

WASHINGTON, Jan. 1 - To show that President Bush can fulfill his campaign promise to cut the deficit in half by 2009, White House officials are preparing a budget that will assume a significant jump in revenues and omit the cost of major initiatives like overhauling Social Security.
Advertisement

To make Mr. Bush's goal easier to reach, administration officials have decided to measure their progress against a $521 billion deficit they predicted last February rather than last year's actual shortfall of $413 billion.

By starting with the outdated projection, Mr. Bush can say he has already reduced the shortfall by about $100 billion and claim victory if the deficit falls to just $260 billion.
Reply With Quote
 



Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

   


All times are GMT -4. The time now is 03:41 PM.


© 2008 I-Mockery.com
Powered by: vBulletin
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.