I want my $1,440!
New figures released today by the Congressional Budget Office reveal the federal deficit to be in the neighborhood of $422 billion. If you calculate it out, that means every American citizen is approximately $1,440 in the hole, all 293 million of us.
There goes our vacation fund.
The White House is celebrating these numbers because, as recently as a month ago, their estimates pegged the deficit at over $450 billion: "See? We're not ripping you off as bad as we thought." Never mind the fact that when this administration took office, the government had been in the black for nearly four years, with record surpluses.
Where'd my $1,440 go, George and Dick? Into the vacation fund of some topkick at Halliburton, no doubt Cheney's cronies whose contracts the Pentagon is yanking because the Defense Department finally figured out just how brutally they're getting overcharged.
It's funny how the Republicans always seem to get away with labeling the Democrats as the tax-and-spend party, yet when the Dems hold the reins, the national debt goes away. The last two administrations to preside over record deficits? Ironically, the two most conservative Republicans: Ronald Reagan and George W. Bush. The only President in recent history who balanced the budget not just once, but consistently for almost an entire term was that evil Bill Clinton.
Isn't that interesting?
Maybe Clinton couldn't keep his fingers off the hired help, but at least he kept them out of my wallet.
There goes our vacation fund.
The White House is celebrating these numbers because, as recently as a month ago, their estimates pegged the deficit at over $450 billion: "See? We're not ripping you off as bad as we thought." Never mind the fact that when this administration took office, the government had been in the black for nearly four years, with record surpluses.
Where'd my $1,440 go, George and Dick? Into the vacation fund of some topkick at Halliburton, no doubt Cheney's cronies whose contracts the Pentagon is yanking because the Defense Department finally figured out just how brutally they're getting overcharged.
It's funny how the Republicans always seem to get away with labeling the Democrats as the tax-and-spend party, yet when the Dems hold the reins, the national debt goes away. The last two administrations to preside over record deficits? Ironically, the two most conservative Republicans: Ronald Reagan and George W. Bush. The only President in recent history who balanced the budget not just once, but consistently for almost an entire term was that evil Bill Clinton.
Isn't that interesting?
Maybe Clinton couldn't keep his fingers off the hired help, but at least he kept them out of my wallet.
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