It's all relative:
Bush heralds improved deficit figures
Annual deficit to come in at $296 billion, below original estimates
Tuesday, July 11, 2006; Posted: 1:36 p.m. EDT (17:36 GMT)
WASHINGTON (AP) -- President Bush touted new deficit figures Tuesday showing considerable improvement upon earlier administration predictions, saying it shows the wisdom of his tax cuts.
Bush himself announced the figures -- a task that for the most part has been left to lower-ranking administration officials in the past. The new figures show the deficit for the budget year ending September 30 will be $296 billion -- much better than the $423 billion that Bush predicted in February and a slight improvement over 2005.
...but not as good as the surplus we had when he took office. Oh, and the government is bigger than when he got here too.
On the iPod:
U2; Joshua Tree
Oasis; (What's the Story) Morning Glory
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