The Budget and Economic Outlook: An Update, August 2007 (pdf)
The Budget and Economic Outlook: An Update, August 2007 (data)
The Budget and Economic Outlook: An Update, August 2007 (charts)
And if they don't, will he use the veto?
Disgusting.
Bush and the GOP handed the Dems the opportunity to win the White House in 2008 through irresponsible governance of the federal purse and neglect of the Conservative base.
Bush also failed to groom a successor, leaving the party reeling.
Imagine IF a Dem wins in 2008. They will raise taxes, creating a potential short-term surplus, just enough to teach a whole new generation of Americans that Dems are better at balancing the budget - UNBELIEVABLE!
Drugs for seniors was NOT worth it, fools!
The CBO is still cooking the books, on orders from Congress, and agreed with by the Executive. Social Security and few other items are ‘off-budget’, so they don’t get counted toward the publicly announced deficit or so-called surplus.
To get a more true picture, look at the debt, which continues to increase daily. Social Security will need to be pumped up before 2012, so this current report by the President is a sham.
It is a humorless joke.