Get Your Blog Up

“This administration is populated by people who’ve spent their careers bashing government. They’re not just small-government conservatives—they’re Grover Norquist, strangle-it-in-the-bathtub conservatives. It’s a cognitive disconnect for them to be able to do something well in an arena that they have so derided and reviled all these years.”

Senator Hillary Clinton

Wednesday, January 26, 2005

Budget outlook worsens

L.A. Times:
White House officials said Tuesday that this year's budget deficit would reach a high of $427 billion, propelled by President Bush's request for an additional $80 billion for war costs in Iraq and Afghanistan.

Separately, congressional analysts forecast a generally worsening budget outlook, saying the federal deficit would become a knottier problem in the next 10 years.

Together, the developments suggested Bush would have a harder time than previously thought in keeping his promise to cut the deficit in half by the end of his presidency. White House officials said, however, that they would still meet that goal.

They haven't lived in reality for this long, why start trying to get there now?