New Stats Show Bush's Deficit Dishonesty

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> Wed, 28 Jul 2004 16:17:08 -0400 (EDT)

> The Daily Mislead <latest

 

> New Stats Show Bush's Deficit Dishonesty

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> THE DAILY MIS-LEAD

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> NEW STATS SHOW BUSH'S DEFICIT DISHONESTY

>

>

> President Bush and Vice President Cheney have

> repeatedly promised America that they would get

> their record-deficits under control. Last year,

> President Bush said " My Administration firmly

> believes in controlling the deficit and reducing

> it. " [1] Similarly, Vice President Cheney said " I am

> a deficit hawk. So is the president. " [2] But

> according to congressional sources, the government

> is soon expected to project a record federal budget

> deficit, even as President Bush demands more money

> for war in Iraq[3] , and a $1 trillion proposal for

> more tax cuts.[4]

>

> The Associated Press reports the government will

> project " that this year's federal deficit will

> exceed $420 billion " - a record[5]. The President

> last year tried to deflect blame for the deficit,

> claiming that " This nation has got a deficit because

> we have been through a war.[6] " While it is true

> that the President has spent more than $166 billion

> on the war,[7] the statistics show that his failed

> economic policies and massive tax cuts for the

> wealthy are the largest factors contributing to the

> fiscal demise[8]. Even the White House budget

> director essentially acknowledged the President's

> dishonesty about the cause of the deficit, saying

> " even if we had never been attacked, and incurred no

> costs of war or recovery from September 11th, and no

> tax relief had become law, we still would have gone

> into deficit[9]. "

>

>

>

> Sources:

> 1. " The President's Budget Proposal, " New York

> Times,2/04/03.

> 2. Transcript of Meet the Press, 9/14/03.

> 3. " Bush asks for $25 billion more for Iraq,

> Afghanistan , " CNN.com, 5/06/04.

> 4. " Bush wants tax cuts to stay, " Washington Times,

> 1/20/04.

> 5. " White House to project record deficit, " Seattle

> Post Intelligencer, 7/28/04.

> 6. President Discusses Plan for Economic Growth in

> Ohio, Whitehouse.gov, 4/28/03.

> 7. " $166 Billion and Counting " ,Mercury News 9/15/03.

>

> 8. " Deficit Picture Even Grimmer Than New CBO

> Projections Suggest " ,Center on Budget and

> Policy Priorities, 8/26/03.

> 9. Testimony of Mitchell E. Daniels, Jr. Director of

> Office of Management and Budget Before House Ways

> and Means, Whitehouse.gov, 2/4-5/03.

>

> Visit

> http://daily.misleader.org/ctt.asp?u=2973095 & l=48189

> for more about Bush Administration distortion. -->

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