Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
The $250b deficit does not, I believe, include "emergency provisions" for Iraq and Afghanistan, which tend to run about $70-100b per year.
The more I thought of this, it sounded vaguely familiar.  I think there may be seem congressional rules that prevent certain "non-repetitive" expenditures from being included in the spending forecasts (not the actual spending, but the forecasts).  Or it may be that the Bushies are taking advantage of certain practises regarding the budget, that keeps the "one time?" nature of the Iraq war expenditures out of some of the forecasts.  I can't recall the exact reason, but i'm pretty sure it relates to forecasting spending and deficits, and not to the reporting of spending and deficits.  Don't know if that helps, but it has kind of stuck with me all day.
by wchurchill on Mon Oct 9th, 2006 at 02:12:35 AM EST
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