These deficit reduction figures are of course extremely misleading, and thus meaningless, as they do not reflect the staggering cost of the ongoing disaster in Iraq, currently the single biggest drain on the Treasury. To cut taxes in a time of war, and then suggest we are approaching fiscal responsibility because the costs of that war are not included in the calculation, is the ultimate hypocrisy.
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These deficit reduction figures are of course extremely misleading, and thus meaningless, as they do not reflect the staggering cost...
David Henson
Jul 13, 2007 06:43
The war *IS* taken into account.
"As the mid-session review released yesterday by President Bush's Office of Management and Budget says,... [MORE]
Pay Attention
Jul 22, 2007 21:38
Dallas fed says so, US liabilities increased 33.9 trillion dollars ($33,900,000,000,000.00) in 1 years from 50 trillion in 2006 to... [MORE]
Smitty
Jul 13, 2007 05:11
As your exposition reveals, the Democrats never tire of or shrink from lying, to advance their goals of creating a... [MORE]
John Spencer Yantiss
Jul 13, 2007 04:11
Over an economic cycle, we would expect a deficit at the beginning of the cycle to fall in both absolute... [MORE]
Douglas Green
Jul 12, 2007 16:58
If the deficit went down to $1, the national debt would increase $1. Interest on that debt is north of... [MORE]
Jay Alderson
Jul 12, 2007 12:35
huh...this tragedy you describe was cut in half in a relatively short period of time...and by the way, borrowing fuels... [MORE]
jeffrey
Jul 13, 2007 07:09
"But as the shrinking figures above show, in fact the deficit is shrinking."
Please...a $1.4 trillion deficit over four years is... [MORE]