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

Monday, December 12, 2005

Bush does it better

Another record budget deficit for W:
The federal government's budget deficit rose sharply in November as spending raced ahead of tax receipts.

The Treasury Department reported Monday that the deficit totaled $83.1 billion, the highest imbalance ever recorded in November.

For the first two months of the 2006 budget year, which began Oct. 1, the deficit totals $130.3 billion, 13.1 percent higher than the $115.2 billion in red ink run up during the same period last year.

Brian Bethune, U.S. economist for Global Insight, predicted the deficit will hit $359 billion this year.

That would be a $50 billion dollar increase over last year's deficit for those scoring at home.