Portman Op-Ed in USA TODAY today
Opposing view: Deficit halved 2 years early
Three years ago, skeptics scoffed. Now they’re eating crow.
By Rob Portman
Three years ago, President Bush established the goal of cutting the federal budget deficit by half in five years, without raising taxes. At the time, many — including USA TODAY— expressed skepticism. But it was achieved last year, three years ahead of schedule. Now is the time to build on that success and work with Congress to balance the budget in the next five years.
On Feb. 5, the president will propose the customary five-year budget, showing declining deficits every year and a surplus in 2012.
Getting to balance requires both keeping the economy strong and keeping federal spending under control.
CLICK HERE to read more.
3 Comments:
at 12:08 PM, January 24, 2007 
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at 8:51 PM, January 24, 2007 
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at 12:27 PM, January 25, 2007 
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Post a Comment*this is just more of the same old neo clown lies and half truths. six years of republican rule have made the united states a third rate country with out of control deficits. how can you claim you've balanced the budget when you are spending billions on an unwanted war and not putting it down as a line item?
Unfortunately Portman is being disengenous.
"the CBO, the nonpartisan office that supplies Congress with cost estimates, is required to make some whopping assumptions, including: that all of President Bush's tax cuts will expire on schedule in 2010; that the alternative minimum tax will be permitted to ensnare millions of additional taxpayers; and that the war in Iraq and other military operations will never cost much more than the $70 billion that has so far been approved for the fiscal year that ends in September.
Not included, for example, are the future costs of modifying the alternative minimum tax to head off a revolt by middle-class taxpayers.
Extending Bush's tax cuts and changing the Alternative Minimum tax would swamp the projected surplus for 2012 with $425 billion in lost revenues and interest costs, according to CBO figures."
Why is it the Enquirer publishes press releases from partisans such as Portman with critically examining the claims?
Editor & Publisher would like to know where the nation's newspapers were in the run up to the war.
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003536806
Where are the costs of Iraq and Afghanistan witinin the budget? They are not because they are "supplementals." when one adds the hundreds of billions already spent and more to be spent the deficit has gone nowhere but up.
Please, do NOT insult my intelligence. If others choose to be ignorant or intellectually dishonest, such as Mr. Portman, so be it.
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