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January 21, 2004

Bush Promises $200 Billion Plus Deficits

I missed this one from Bush's speech, but USATODAY points out:

What Bush said: If Congress will "focus on priorities" and "cut wasteful spending ... we can cut the deficit in half over the next five years."

Context: The White House goal of cutting the deficit in half in five years is a lowering of the bar — a tacit admission that deficits are here to stay until at least 2009.

With the deficit projected to be around $450 billion this year, this is just a promise to get the deficit down to a level that would have appalled the American people if he had admitted that's what his program would cost for the whole decade.

One more lying lie-- kind of like we discovered "programs" for WMDs. A sly one, that Bush.

Posted by Nathan at January 21, 2004 04:52 PM