Bush Sets Record Deficit

"The Bush administration is projecting that the deficit for all of the 2004 budget year, which ends Sept. 30, will be $445 billion. This year will mark the third consecutive budget deficit after four straight years of surpluses that reflected the economic boom of the 1990s," per AP.

That's the biggest annual deficit ever. Way to go, Bush! He counters that as a percentage of GDP, it's still not as big as the record deficit Ronald Reagan set during the Eighties. True, but we believe in you and know you can do it, Georgie! By the way, why isn't THIS a lead item on the New York Times website? It was prominent for a few minutes but now you have to search for it. Boy, the liberal media ain't all it's cracked up to be.