February 02, 2005
Why Oh Why Can't We Have a Press Corps? (Was the Post Ever a Newspaper? Edition)
Max Sawicky finds the Washington Post's Michael Fletcher writing:
Bush Speech to Focus on Budget (washingtonpost.com): The budget, to be announced Monday, will propose a virtual freeze in discretionary spending unrelated to defense or homeland security, as part of Bush's plan to cut the deficit in half by 2009 from a 2004 deficit of $521 billion...
The problem is that the fiscal 2004 deficit was $412 billion. $521 billion was a highballed forecast made in January to lay the groundwork later on in the year for (false) claims that the deficit had improved.
A newspaper cares about getting things right.
Posted by DeLong at February 2, 2005 06:56 AM