Posted on 09/01/2002 11:47:16 PM PDT by kattracks
Edited on 07/12/2004 3:56:52 PM PDT by Jim Robinson. [history]
Last Tuesday, the Congressional Budget Office released new budget projections showing larger deficits over the next few years than previously estimated. The deficits are also larger than those earlier forecast by the White House Office of Management and Budget.
As I predicted, Democrats immediately attacked the Bush administration for cooking the books. Sen. Kent Conrad, North Dakota Democrat and chairman of the Senate Budget Committee, in a burst of creativity, accused the White House of using "Enron-type accounting." How original. I bet no one else has ever thought of using Enron as an example of flawed accounting. His cleverness just knocks me over.
(Excerpt) Read more at washtimes.com ...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.