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July 28, 2008

Even That Record Deficit Is Another Lie

-- by Dave Johnson

Have you heard about the massive budget deficit that the Republicans are gifting us with this year? Even that is a lie. Correntewire caught it: Department of burying the lede,Ho-hum, in the middle of an article about the latest record federal deficit comes this aside:

The administration actually underestimates the deficit, however, since it leaves out about $80 billion in war costs. In a break from tradition — and in violation of new mandates from Congress — the White House did not include its full estimate of war costs.
Go read.

Posted by Dave Johnson at July 28, 2008 5:46 PM

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