Does anyone buy this? thoughts?



President Bush says his economic policies are shrinking the U.S. budget deficit. VOA White House Correspondent Scott Stearns has the story.

President Bush closed a meeting of his economic team by heralding new government figures that show a projected budget deficit of $244 billion turned out to be $163 billion.

"In other words, as a result of the hard work of the American people, this economy is growing; the growing economy has yielded more tax revenues than anticipated," he said. "And because of fiscal restraint, those tax revenues went to reduce our deficit."


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President Bush closed a meeting of his economic team by heralding new government figures that show a projected budget deficit of $244 billion turned out to be $163 billion.

I find it hard to be excited when they say the deficit is bad, just not as bad as first thought.

It's still bad.

I think it was a BS statement, kinda like the untrue employment figures for Aug.