The deficit in 2006 is almost certain to increase, because the bulk of spending for Katrina and Rita will occur in 2006, ... What's worse is that when the Congressional Budget Office factors the Bush agenda into the budget, CBO sees the deficit doubling to 640 billion in 2015.
More Quotes from John Spratt:
Once we got the budget today, we found out why it was so long coming,John Spratt
It would put us on a path to endless deficits and a Mount Everest of mountainous debt,
John Spratt
And it raises a fundamental question: How long can we move the world in one direction while we move in another direction, and do we want to backslide into an era that we finally emerged from where we had a nuclear weapon for every tactical mission?
John Spratt
Three big assumptions proved wrong: one, that the Iraqi people would welcome us as liberators; two, that oil would soon pay for Iraqi's rebuilding; and, three, that we have plenty of troops, weapons, and equipment for the postwar situation.
John Spratt
Don't begin to think we're going to reach common ground,
John Spratt
Readers Who Like This Quotation Also Like:
Based on Topics: Budgeting QuotesBased on Keywords: cbo
I have always maintained that the one important phenomenon presented by modern society is - the enormous prosperity of Fools.
Wilkie Collins
I've always written songs, even when I wasn't doing anything with my personal life in music.
Leif Garrett
I'm, like, a compulsive eater. I'm going to be so fat when I'm older, it's ridiculous.
Robert Pattinson