Wednesday, January 05, 2005

WHEN IT COMES to handling the national budget deficit, the Bush administration can't seem to separate fact from fiction.

This week it was reported that the White House is preparing a budget that will help it achieve its stated goal of cutting the federal deficit in half by 2009 -- by basing the numbers on imaginary predictions.

Rather than using last year's record $413 billion budget shortfall in its calculations, Bush's budget team has decided to use an outdated $521 billion deficit it predicted last year. The reason, according to the New York Times, is so Bush can state that he's already reduced the deficit by more than $100 billion and thus will allow him to claim victory if the shortfall drops to just $260 billion.

The president's budget ruse

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