Wednesday, February 09, 2005

FMNNClip: The Fudge-It Budget


Let's take a cold, hard sober ... well, maybe not sober, but cold and hard ... look at President Bush's budget proposal for Fiscal Year 2006.

First, some arithmetic: 2.57 is greater than 2.4, no? I'm a little fuzzy on higher math, but I think that's right. If so, then Bush's FY2006 proposal ($2.57 trillion) would appear to be larger, not smaller, than the FY2005 budget ($2.4 trillion).

Even factoring in standard economists' tricks, there's not any reasonable way to make next year's budget proposal look smaller than this year's.

Read the rest at Free Market News Network

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