Tag Archive 'deficit'

$128 billion surplus morphed to giant deficit

Posted by Moonage on 28 Jul 2008 | Tagged as: Fed Policy

That’s the teaser on CNN.  Here’s some of the meat:
A Democratic point man on the budget, Sen. Kent Conrad of North Dakota, blasted the administration for its “reckless fiscal policies,” blaming the president’s tax cuts for driving the government into deficit and saying Bush “will be remembered as the most fiscally irresponsible president in our [...]

Budget deficit drops, again

Posted by Moonage on 12 Aug 2007 | Tagged as: Fed Policy, The Media

Seems the federal budget deficit dropped.  Again.  Seems all of a sudden hardly anyone really seems to care.  Wasn’t that an issue last fall?  Didn’t people totally ignore the numbers of a shrinking deficit and decide to buy the rhetoric that the budget was out of control?  Why did they do that?  Now, what’s getting [...]