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Bush Administration Fiscal Policy

Posted on July 28, 2008

Duncan Black writes: Eschaton: Oh Well: So much for that. 2003: (AP) President Bush's goal of cutting in half a projected $500 billion federal deficit within five years is being dismissed as too timid by conservatives, unachievable by analysts and laughable by Democrats. Mr. Bush will include the objective in the $2.3 trillion budget for 2005 he sends Congress in February, nine months away from the presidential and congressional elections. The goal is backed by many Republicans, but conservatives want a bolder move against the record deficits and big spending increases the administration has r...

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budget , deficit , economy , gdp