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Wow, just wow. Nice going GWHB...

jimmydean

The Official Meat of Ridemonkey
Sep 10, 2001
41,253
13,375
Portland, OR
:clapping:
"We do think the plan was the right one, and it will have an effect," Perino said. "And the best way to help reduce the deficit is to make sure you are keeping a lock on spending, but also that you can also try to help to build the economy. So we hope this will help us pull out of the economic downturn over the next few months because of the stimulus package.
 

DaveW

Space Monkey
Jul 2, 2001
11,221
2,745
The bunker at parliament
The party of fiscal conservativeism...

Nicely done GHWB. Not only bankrupting the country morally, but financially too! And it only took him 8 years.

http://www.cnn.com/2008/POLITICS/07/28/2009.deficit/index.html


But a senior administration official says the budgetary problems stem from what he called inadequate defense, intelligence and homeland security resources that were handed down from Clinton.
Umm call me picky but didn't "homeland security" not exist till shrub decided to make an uber agency? :huh:
 

jimmydean

The Official Meat of Ridemonkey
Sep 10, 2001
41,253
13,375
Portland, OR
GWB gets his own sub-prime HELOC on the White House.

WASHINGTON - The Bush administration gave details Wednesday on how it plans to borrow the billions of dollars it will need to cope with the soaring budget deficits.

Those plans include raising $27 billion by selling a new 10-year note and a new 30-year bond at the regularly scheduled quarterly auctions to be held next week. The government needs to borrow $171 billion during the current July-September quarter, the second highest quarterly borrowing total on record.