Budget Deficit Cover-Up
-- May 29, 2003

It's not news that Washington is lying about the budget deficit. But the sheer size of the looming shortfall boggles the imagination. Here are some of the highlights ...

Bottom line: There is no way, no how that this budget shortfall is going to be made up unless Washington comes to grips with reality and starts cutting spending along with taxes. And not "itty bitty" cuts, either. We need massive spending cuts soon, or the budget shortfall could swell into a black hole that will swallow the economy -- and even our children's future.

related article: US 'Faces Future Of Chronic Deficits'