Where are Democrats?
You'd think that just by random chance, one of the Democratic contenders would seize on this profligacy as an issue. Perhaps "This ain't your father's checkbook" as an ad campaign?:
The Bush administration projected Tuesday that this year's federal deficit will surge to a record $455 billion, underscoring the toll that recession, tax cuts and the costs of fighting terrorism are taking on the government's books. The White House also estimated that next year's budget shortfall will hit $475 billion, though the red ink will ease downward to $226 billion in 2008.



