Bush Blows The US Budget:

"The plan was: a $400 billion federal budget surplus this year and a national debt of $2.1 trillion heading rapidly to zero. That was the plan back in January 2001, when President Bush took office. And not just the plan: That was the official prediction of the nonpartisan Congressional Budget Office. Now we have a new plan. Instead of a $400 billion surplus, President Bush's budget calls for a $500 billion deficit. The national debt is $4.4 trillion and headed to more than $6 trillion over the next 10 years, according to the CBO. Interest on that debt will cost $156 billion this year. Bush says he'll cut the deficit in half in four years. The deficit, not the debt. It's a remarkably modest brag. And even so, almost nobody believes him..."

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