Bunker Mulligan "Let us endeavor so to live that when we come to die even the undertaker will be sorry." ~Mark Twain

August 7, 2004

Relative Numbers

Filed under: Government — Bunker @ 6:03 pm

Those of you interested in actuals relative to forcast numbers might want to take a look at the Congressional Budget Office’s Monthly Budget Review.

The budget deficit, larger than I want to see, is looking smaller and smaller. I don’t know that a balanced budget is better than a deficit. I’ve heard arguments both ways and really can draw no conclusion. I do want to see them separate Social Security from the general revenues. There was never a true balanced budget since these were merged back in the 1960s as a way to hide deficits.

I want to see spending reduced. And I don’t want increased spending to be called “reduced” simply because it is less than someone desires. Neither party has any interest in doing so because that’s how incumbents keep their jobs.

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