White House predicts record deficit for 2009
The White House released their predictions for the next fiscal year yesterday. The federal deficit will once again break the last record topping out at $482 billion. Only eight years ago Bush inherited a $128 billion surplus. The administration has posted a federal deficit every year since. ”If they gave out Olympic medals for fiscal irresponsibility, President Bush would take the gold, silver and bronze; with his eight years in office, he will have had the five highest deficits ever recorded.”
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http://jonathanbrink.com Jonathan Brink

