16 July, 2006

borrow and spend republicans

"By pursuing pro-growth policies and restraining government spending, we will keep our economy the envy of the world," Bush said in his weekly radio address.

Earlier in the week, the White House released figures estimating that the difference between what the government spends and what it collects in revenue for the budget year ending Sept. 30 will be $296 billion, an improvement over the $423 billion that was predicted in February.

This is the fourth time they have high-balled the estimate so that they could claim improvement. $296 billion is the fourth highest defecit ever. And "restraining government spending" give me a break. Another snow job by these borrow and spend republicans.

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