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Reply #53: Kerry refused to even use correct deficit numbers
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ulTRAX
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Thu Feb-03-05 07:13 PM
Response to Reply #51 |
53. Kerry refused to even use correct deficit numbers |
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Throughout the campaign and in the material they had on the Kerry site the Kerry campaign refused to use the on-budget revenue deficit numbers which were about 155 billion higher than the unified budget. The difference is that 155 billion is what's being borrowed from various federal trust funds to cover expenses the on-budget revenues can't cover. Kerry's own deficit reduction plan was a sham because it used the same dishonest numbers. For this year alone this borrowing is expected to be about 173 billion... and next year around 194 billion. So at that rate of growth Kerry could claim in 5 years to cut the deficit in half while sweeping under the rug some 1 trillion in new borrowing.
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