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Old 02-03-2008, 05:50 PM   #1
xmas13
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:2cents $400B deficit? What for?

http://news.yahoo.com/s/ap/20080203/...wh/bush_budget

Quote:
In the nation's first-ever $3 trillion budget, President Bush seeks to seal his legacy of promoting a strong defense to fight terrorism and tax cuts to spur the economy. Democrats, who control Congress, are pledging fierce opposition to Bush's final spending plan ? perhaps even until the next president takes office.
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The 2009 spending plan sent to Congress on Monday will project huge budget deficits, around $400 billion for this year and next and more than double the 2007 deficit of $163 billion. But even those estimates could prove too low given the rapidly weakening economy and the total costs of the wars in Iraq and Afghanistan, which Bush does not include in his request for the budget year beginning Oct. 1.
$400B projected deficit excluding war cost, on a $3 trillion budget?

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Old 02-03-2008, 06:16 PM   #2
Vendot
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That Socgen guy fucked over a bank for almost $4 Billion and will get time.

George Dubya has fucked the entire country to the tune of $3 Trillion and managed to be re-elected while he was half way through.

America will now lose its superpower position to China thanks to one stupid idiot (and the people who elected him).
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Last edited by Vendot; 02-03-2008 at 06:19 PM..
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