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December 09, 2004
The Bush Budget Clown Show Continues
Max Sawicky observes that Bush claims that the deficit would be reduced by half by fiscal 2009 are now inoperative:
MaxSpeak, You Listen!: DOG BITES MAN: February, 2004: President releases budget proposal that claims to reduce deficit to 1.6 percent of GDP by 2009, less than half of the 2004 level of 3.6 percent.
December, 2004: President approves budget that implies FY2009 deficit will be 3.4 percent of GDP.
Another day at the office.
Posted by DeLong at December 9, 2004 10:16 AM
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