Friday, July 30, 2004

Record deficit - again

Here is the big news that the Bush administration sat on until today so that the Democrats couldn’t use it to criticize the president during their convention:

WASHINGTON (AP) -- The White House projected Friday that this year's deficit will hit a record $445 billion, further fueling a campaign-season dispute over President Bush's handling of the economy.
The figure easily surpassed last year's $375 billion, making it the largest-ever in dollar terms.

Kerry is going to have such a mess to clean up when he moves into the White House next year.

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