Bush plays his deficit shell game

[Mister K]

David Lazarus
Friday, October 15, 2004

In his final debate with Sen. John Kerry on Wednesday night, President Bush reiterated his pledge to cut the nation's record budget deficit in half by the end of one more term in office.

"It requires pro-growth policies that grow our economy and fiscal sanity in the halls of Congress," he declared.

A day later, Bush's Treasury secretary, John Snow, told the halls of Congress that he's taking the extreme step of using government workers' pension money to avoid increased borrowing that would push the Bush administration past a $7.38 trillion debt ceiling.

In a dazzling display of fiscal sanity, Snow said in a letter to Senate Majority Leader Bill Frist of Tennessee that "it is imperative that the Congress take action to increase the debt limit by mid-November," which would be, as luck would have it, after the Nov. 2 election.

So let's recap: The Bush administration finds itself unable to operate within the boundaries of the highest debt ceiling in U.S. history, so its solution is to get by on other people's money until it can secure approval to run up even more debt.

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http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2004/10/15/BUG9K99OQ11.DTL&type=printable

[JuniorPlankton]

1. Sleazy lying bastard

* is.

:mad:

[mhr]

2. Furious George Screwing American Workers Yet Again!

eom