THE WEBLOG OF KEVIN C. MURPHY: CONJURING POLITICAL, CINEMATIC, AND CULTURAL ARCANA SINCE 1999

Beg, Borrow, and Steal.

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"Less than a day after President Bush implied that Senator John Kerry lacked 'fiscal sanity,' the Bush administration said on Thursday that the federal government had hit the debt ceiling set by Congress [for the fourth time in three years] and would have to borrow from the civil service retirement system until after the elections." As this article goes on to note, the Congressional GOP kicked the vote on this matter until after Election Day, so Dubya wouldn't get any bad press. Under this president, the national debt has increased 40%, to $7.4 trillion.

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This page contains a single entry by KcM published on October 15, 2004 1:08 PM.

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