Monday, January 26, 2004
Tax Cut and Spend...
Yahoo! News - Hill Budget Office Sees 10-Year Deficits
Illegal War. Tax cuts for the rich. Dollar in free fall. Constitutional rights trampled. Outing of undercover agents. Overtime eliminated. Zero job growth. Right wing judicial appointments. Every Child Left Behind. Record deficits.
That's just a taste of what we get when the GOP controls all branches of government.
Where have you gone Bill Clinton? Our nation turns its lonely eyes to you.
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The government's budget outlook deteriorated further on Monday as the Congressional Budget Office projected nearly $2.4 trillion in deficits over the next decade, providing new fuel for an election-year battle over soaring federal shortfalls.Worst President Ever.
Along with the forecast, almost $1 trillion worse than estimated in August, Congress' nonpartisan fiscal watchdog said this year's deficit would hit $477 billion. That would be a record in dollar terms.
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The budget office projected that for the decade ending in 2013, the red ink will total $2.38 trillion. That was $986 billion worse than it projected in August and $3.7 trillion deeper than it projected only a year ago.
As Bush took office in January 2001, the budget office projected surpluses totaling $5.6 trillion for the decade ending in 2011.
Illegal War. Tax cuts for the rich. Dollar in free fall. Constitutional rights trampled. Outing of undercover agents. Overtime eliminated. Zero job growth. Right wing judicial appointments. Every Child Left Behind. Record deficits.
That's just a taste of what we get when the GOP controls all branches of government.
Where have you gone Bill Clinton? Our nation turns its lonely eyes to you.