President Bush inherited a budget surplus of $128 billion when he took office in 2001 but has since posted a budget deficit every year.
President Bush's budget chief blamed the faltering economy and the bipartisan stimulus package for the record $482 billion deficit the White House predicted for the 2009 budget year.
Or maybe, that messed-up, expensive war we're in had something to do with it.
Monday, July 28, 2008
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1 comment:
The war had something to do with it, but the tax cuts had more.
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