The media is soft pedaling this story because it does not promote their agenda that all things Bush is bad, but the deficit is going down. Yep, we are fighting a war and with all the extra expenses involved our deficit is still going down.
Not to shabby, but lets keep this between ourselves, no need to let the American public be informed of this seditious news. They might forget what miserable failures the Republicans are.
The new budget year, which began in October 2006 reveals a deficit of $42.2 billion for the period, which is 57.2 percent lower compared to the same period last year.
However, government spending reportedly hit a record high in the same period – $876.3 billion.
According to a forecast by the U.S. Congressional Budget Office, the total federal deficit for the year is estimated to drop to $200 billion versus the $247.7 billion from a year earlier. via All Headline News