Reflections on the "New American" Revolution
Monday, January 26, 2004
Some analysts say Bush's deficit-cutting plan is an illusion - Jan. 26, 2004: "Like a cowboy-boot wearing David Blaine, President Bush has promised to perform an amazing feat of prestidigitation: he's going to saw the whopping federal budget deficit in half in just five short years.
But some observers warn the budget proposal he will submit Feb. 2, which will include projections of a greatly reduced deficit by 2009, will be little more than smoke and mirrors -- unless he and Congress can show a lot more fiscal discipline than they have recently. "
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