An unexpectedly steep rise in tax revenues from corporations and the wealthy is driving down the projected budget deficit this year, even though spending has climbed sharply because of the war in Iraq and the cost of hurricane relief.I wonder if Howard Dean and Nancy Pelosi are drowning their sorrows tonight.
Nancy, if only the economy would crash and put a million or two people out of work, we might have a chance at taking back the House. Your right Howard, and a huge insurgent attack right before the election on one of our bases in Iraq wouldn't hurt either.
Bottoms up.
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