But now it’s 2006, and even a five-year projection covers the period from 2007 to 2011, which means including a year in which making the Bush tax cuts permanent will cost a lot of revenue — $119.7 billion, but who’s counting? Has the administration finally run out of ways to avoid budget reality?
Not quite. As the Center on Budget and Policy Priorities points out, until this year budget documents contained a standard table titled “Impact of Budget Policy,” which summarized the effects of the administration’s tax and spending proposals on future outlays and revenues. But this year, that table is missing. So you have to do some detective work to figure out what’s really going on.
More hiding reality to pave an irrational dreamscape with tax cuts. If we don’t start looking ten years out again, as we did during the Clinton years, the country will be broke by 2015. We need all the information to make decisions, but the Bush Administration insists that we don’t need real data, just that we trust them.
I don’t trust you, Mr. President. Make sure your people provide me, a citizen, the information you would ask for as a CEO, so I can make a decision about the budget.