On the recordJuly 12, 2006
That makes me want to pull out another third- party validator, because this week we got to experience the exciting midyear opportunity to hear the President with his Republican leadership surrounding him to cheerlead the supposed success they have on the economy. Now, it would be one thing if we were standing up here as Debbie Wasserman Schultz and Tim Ryan and Kendrick Meek and Bill Delahunt and saying, well, that is a lot of baloney. Anyone in America looking at this economy and looking at this deficit would say, what is there to celebrate about? But it is not just us. This morning editorial page in USA Today had this to say about the midyear review of the economy that the administration just trotted out. They say, ``Forgive us if we don't break out the party hats. It is hard to get excited about an abysmally large deficit in the range of $300 billion that is somewhat less gargantuan than earlier predicted. Even accepting the administration's assurances that it does not purposefully overestimate the numbers in a Wall Street-like game of beating expectations, this habitual midyear crowing masks the seriousness of the Nation's bleak fiscal outlook.'' Well, if that doesn't say it, all right there in a nutshell, I don't know what does.
Source
govinfo.gov




