July 28, 2008

Record deficit expected in 2009

It's yore money! The Bush ecomnitude:

The White House has increased its estimate for next year's deficit to nearly $490 billion -- half a trillion dollars -- as the economic outlook darkens, a record figure that will saddle the ... would be the highest number ever recorded.
Fucked fact: it doesn't include the costs of the war(s).

In a related story, McCain's kid is cutting-and-running from his positions on two Nevada bank boards, just ahead of the investigations.

1 comment:

Anonymous said...

Here is another "fun fact" The $490 billion would be $660 billion except that the Feds use the excess $170 billion that will be paid into the social security trust fund as revenue under the unitary budget principle.