Deficit Drops

Federal Deficit Below Last Year’s Record

The federal deficit hit $319 billion for the budget year just ended, down from last year’s record red ink though a surge in Katrina-driven spending threatens to drive it up again.

The improvement from the record $413 billion recorded in the 2004 budget year, which the Treasury Department reported on Friday, is largely due to a surge in federal revenues from an improving economy.

This is because of the tax cuts and pro-growth economics that have created countless jobs. Yes, this means it is all GW’s fault. The deficit has come down drastically in spite of the facts (war, natural disasters, aid just to name a few).

Of course the MSM will bring up how it is the third highest deficit on record – - and they’ll not mention the facts, nor will they give any kudos where deserved.

2 Comments.

  1. :wink: This is Because of the war, we need to do more killing and that will stop the war.

    So don’t yell About this war, the fact is if we don’t win or do win?, Mexico and the evil oligarchies of that evil little so called country will win and most non Hispanics will be put to the blade! By the one world pigs with third world people for the ideals of mass political and race Genocide,( see: Club of Rome ) OK its all about one thing, who will have how much.:oops:
    OK it also has nothing to do with tax cuts little kids its about control of you!:mad:

    just call me terrorists Fred! long live the USA Down with the evil ideals of our non government think free be free attack the enemy with love in you mind and hate in your heart. stop prison rape!:twisted:

  2. Just A Girl - trackback on 10/19/2005 at October 19, 2005 - 04:27 PM

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