Wednesday, October 15, 2008

Bush Sets Another Red-Ink Record

"Federal deficit more than doubles in '08

The federal budget deficit soared to $454.8 billion in 2008 as a housing collapse and efforts to combat the economic slowdown pushed the tide of government red ink to the highest level in history. The Bush administration said yesterday that the deficit for the budget year that ended Sept. 30 was more than double the $161.5 billion recorded in 2007. Economists predicted a far worse number next year as the costs of the government's rescue of the financial system and the economic hard times hit the government's balance sheet (AP)."

And don't forget the OFF-BUDGET WARS and OCCUPATIONS!!!!


But what the hey, he'll be gone, won't he, and it will be a mess for someone else.