Deficits Down, Big Time.

| May 5, 2005

Well, it appears that those “deficits as far as the eye can see” aren’t quite all they’re cracked up to be now that tax income this quarter boomed far past expectations. Deficit projections had to be revised about 54 billion dollars and the article notes that many are saying the deficits have “crested”.

And all without repealing the President’s tax cut or raising other taxes.

Yet there’s not one mention of the tax cut whatsoever in the article. It’s almost as if mentioning that the President might have been right about that isn’t exactly news.

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Category: The Good Old US of A

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