It’s only a projection!

Talk about being a donor County. Let’s look at President Bush’s latest $2.9 Trillion dollar budget. Let’s see, CA, with roughly 36 million people out of 300 million in the U.S., represents 12 percent of our Nations population. Let’s deduct $600 billion for the Pentagon leaving 2.3 trillion dollars. Therefore we should get about $250 billion in services including new roads and infrastructure. Larry, you jest of course.

The good news is that while this budget represents a $244 billion dollar deficit in 2007 we will spend our way out of this red ink and end up with a $61 billion dollar surplus in 2012. “This will be our first surplus since 2001.”
Juice readers. Are you buying in to our streamlined government operations and revenue projections of this latest budget?

About Larry Gilbert