I can't recall a link but I would be that when dubya talked about halving the deficit he was probably pretty well lambasted by his oppostion.
All you can do is see the trend and the projections.
If you think that raising taxes is the way to increase prosperity then vote democrat, that's really all he's saying here.
As I said:
http://www.washingtonpost.com/wp-dyn...-2004Nov4.html
Quote:
Analysts Call Outlook for Bush Plan Bleak
Too Much Deficit, Not Enough Revenue
By Jonathan Weisman
Washington Post Staff Writer
Friday, November 5, 2004; Page A08
President Bush signaled yesterday that he would add personal investment accounts to the Social Security system, simplify the tax code without raising taxes and cut the budget deficit in half, all before he leaves office in 2009.
Ambitious as those promises are, they may be mathematically impossible, budget and policy analysts say.
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And it seems that when dubya made that claim the only reason it was smaller was the same unexpected boom in the economy.
Quote:
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Chad Kolton, a spokesman for the White House budget office, said the president can and will cut the deficit in half by 2009. But, he said, the deficit in 2009 would be half what the White House first projected it to be for 2004: $521 billion. That projection, made in January, proved to be inflated by $108 billion, in part because faster economic growth produced $82 billion in additional tax revenue and in part because spending was $27 billion less than anticipated.
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