Deficit Going Down - The American Spectator | USA News and Politics
Deficit Going Down
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I’d like to hope that the editors at the New Republic are feeling a bit less smug today with the Congressional Budget Office’s announcement that the fiscal year 2006 deficit will be $260 billion, down from $318 billion last year. But I won’t, since smugness seems to be the editorial disposition at TNR these days. They’ll just cling to the CBO’s claim that the deficit will rise next year.

That’s not a wise strategy though. Using data from various CBO reports, I constructed this table on projected and actual deficits and income taxes (it is the growth in income taxes that has accounted for a large part of the decline in the deficit).

CBO Projections Vs. Actual Numbers
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Stop the Inflation Grinch From Stealing Christmas!

That’s right, the Grinch (Joe Biden) is coming for your pocketbooks this Christmas season with record inflation. Just to recap, here is a list of items that have gone up during his reign. 

Gas: 40%+
Beef: 20%+
Used Cars: 20%+
Lodging: 17%
Eggs: 13%

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The Grinch Stole Christmas Sale
Commander-in-chief of Christmas inflation