CBO Blasts Bush Budget

Washington Post: Chronic Budget Deficits Forecast. It's worse than it appears:

If Bush's proposals were enacted, the CBO said, the deficit would rise to $287 billion this year and $338 billion in 2004, and the government would remain in deficit through 2013, just as the vanguard of the baby boom generation begins to retire. Altogether, the CBO concluded, the president's policies would leave the government with $2.7 trillion in debt through 2013, which the government would not realize if Bush's proposals were rejected.

Oh, and that's not counting the cost of war with Iraq.

As the evidence of the momumental stupidity of the Bush budget keeps mounting, many Congressionals that could normally be counted on to vote for a tax cut are beginning to have second thoughts.

"We're at war on terrorism. We're apparently about to go to war on a second front. We have a major problem on the horizon with North Korea. And yet the budget debates all seem to be around a supply-side tax cut that will reduce the revenues of this country at exactly the wrong time," said Rep. Charles W. Stenholm (Tex.), a conservative Democrat often on Bush's side. "It's out of control."

Can't we just declare this budget DOA already, and try something else?