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Politics : PRESIDENT GEORGE W. BUSH
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To: jlallen who wrote (767116)2/4/2008 12:12:54 PM
From: pompsander  Read Replies (4) of 769670
 
This is the kind of out and out lying that should make conservatives go absolutely crazy.....

Bush projects that the deficit will decline rapidly starting in 2010 and will achieve a $48 billion balance in 2012.

But Democrats said that forecast was based on flawed math that only included $70 billion for the wars in Iraq and Afghanistan in 2009 and no money after that and also failed to include any provisions after this year for keeping the alternative minimum tax, originally aimed at the wealthy, from ensnaring millions of middle-class taxpayers. The Congressional Budget Office estimates that fixing the AMT in 2012 would cost $118 billion, more than double the surplus Bush is projecting for that year.
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