The Skunk and Tiger

"Ignorance breeds monsters to fill up the vacancies of the soul that are unoccupied by the verities of knowledge."-Horace Mann

Tuesday, July 11, 2006

2006 Projected Deficit.

This little factoid was found at My Left Wing. Check them out.

Today, the Office of Management Budget projected a $296 billion federal deficit for fiscal year 2006. Bush held a press conference arguing that this is a vindication of his economic policies.
Actually, it would be the fourth largest deficit of all time. Here’s the top five:

1. 2004 (George W. Bush) $413 billion
2. 2003 (George W. Bush) $378 billion
3. 2005 (George W. Bush) $318 billion
4. 2006 (George W. Bush) $296 billion (projected)
5. 1992 (George H. W. Bush) $290 billion

1 Comments:

At July 12, 2006, Blogger crallspace said...

What a record, huh?

 

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