Tuesday, August 19, 2008


.........."openin' up a can-o-worms."
I'm sure glad that the Bush mis-Administration has made fiscal responsibility a business as usual item for America. A firm belief in smaller government has really made the difference in this administration. The federal budget deficit soared in July, pushed higher by economic stimulus payments (not to be confused with any socialist way of doing things that the liberals would attempt) and $15 billion in outlays to protect depositors at failed banks. The Treasury Department reported that the deficit for July totaled $102.8 billion, nearly triple the $36.4 billion deficit recorded in July 2007. The deficit outstripped the $97 billion gap that Wall Street economists had been expecting for July. So far this year, the budget deficit totals $371.4 billion, more than double last year's deficit through the same time period of $157.4 billion. Who was the last president to balance the budget? Oh yes, that was Bill Clinton - damn liberal!

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