Good news for the country is bad news for the Democrats. The AP reports this:
The federal budget estimate for the fiscal year just completed dropped to $250 billion, congressional estimators said Friday, as the economy continues to fuel impressive tax revenues.
The Congressional Budget Office's latest estimate is $10 billion below CBO predictions issued in August and well below a July White House prediction of $296 billion.
The improving deficit picture - Bush predicted a $423 billion deficit in his February budget - has been driven by better-than-expected tax receipts, especially from corporate profits, CBO said.
Why isn't the White House trumpeting this news from the rooftops?
Stern lectures for the logically-challenged. Others have opinions, I have convictions.
Saturday, October 07, 2006
Bad News for Democrats
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment