View Single Post
Old 02-24-2004, 09:27 PM   #4 (permalink)
Bob Biter
Non-smokers die everyday
 
Location: Montreal
From www.theonion.com

Quote:

BUSH TO CUT DEFICIT FROM FEDERAL BUDGET

WASHINGTON, DC—President Bush proposed a $2.4 trillion election-year budget Monday that would boost defense spending, redistribute funds among government programs, and cross out the $477 billion deficit entirely.

"Nobody likes making cuts, but the nation's current rate of spending and the decreased tax revenues we've seen since implementing my tax cuts have created a deficit that we can't afford to carry," Bush said in a nationally televised address. "Someone had to have the vision, leadership, and courage to go in and erase that line altogether, no matter how unpopular and impossible that may be."

According to the Congressional Budget Office, the $477 billion deficit is the country's largest ever, easily topping the previous record of $290 billion in 1992. If the budget is approved, however, the deficit will roll down to $0.0 billion.

In the past, critics have accused the Bush Administration of responding to a mounting deficit and the ongoing recession with unsound fiscal policies like cutting taxes for the wealthy. Bush supporters say the deficit cut proves the wisdom of the president's economic plan.

"Bush has taken a brave step, one that was long overdue," Senate Majority Leader Bill Frist (R-TN) said. "He has taken charge of the budget problem once and for all, simply by saying 'The deficit stops here.'"

Faced with the difficult choice of either cutting government programs or raising taxes, Bush reportedly arrived at the radical new "deficit-cutting" solution late Sunday night, only hours before he was to announce his budget.

"I was staring at the figure for the deficit, and I decided that it simply could not stand," Bush said. "It was too high. Something had to be done. But Americans have been taxed and taxed. I say 'Enough taxes.' By my estimation, this historical crossing-out of the deficit will save American taxpayers millions, billions, and perhaps even bajillions of dollars."

The president then turned to Section 14-D of the official budget document, where the federal government's total expenditures, the GNP, and the difference between the two were listed. Using a black Sharpie, the president crossed out the third figure, eliminating it entirely.

Bush then held up the newly marked-up page and said, "My fellow Americans, I have solved the federal budget crisis."

The budget is expected to pass through the GOP-controlled Congress with little or no opposition.

"I don't know why I didn't have this idea before," Bush said. "For years, we have tried to control the deficit by eliminating federal programs, lowering taxes for the rich, sending out checks to everybody, and God knows what else. None of us once thought to just draw a line through it."

The Bush plan is not without critics.

"President Bush drew a line through the deficit, yes, and we commend him for that," Sen. Blanche Lincoln (D-AR) said. "But that doesn't solve the country's budgetary problems. While he was at it, why didn't he add several zeroes to the end of our GNP?"

Political pundits have been largely impressed by the visionary slash.

"Opinions vary as to what the long-term effects of the deficit cut will be," New York Times columnist Paul Krugman said. "One thing, however, is certain: The growing federal deficit, a Gordian knot that for three years no amount of cutting taxes and spending money could unravel, has been sliced in two by the president's bold, radical new take on the problem."

A CNN/Gallup poll taken immediately after the president's announcement showed that 67 percent of Americans support his decision to draw a black line through the deficit, and thereby eliminate it.

"I'm tired of the tax-and-spend Democrats always talking about adding zeroes to the GNP," said Henry Strom, 40, of Bakersfield, CA. "How about we cross out our debts and get our affairs in order before we start adding zeroes? We need to cut this deficit and stand firm against printing deficits in future budgets, as well."

According to Bush's political advisors, later this week, the president will declare that the U.S. has universal health care.
__________________
A plan is just a list of things that don't happen.

Last edited by Bob Biter; 02-24-2004 at 09:30 PM..
Bob Biter is offline  
 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360