So much for Bush's supposedly disastrous economic plans- the deficit has shrunk to $319 billion dollars (2.6% GDP) thanks to "lower taxes and pro-growth economic policies ".
Although Katrina is expected to cause some damage to the economy and cost somewhere in the region of $30 billion, the House of Representatives is due to meet monday to begin looking for ways to cut the budget and recover that $30 billion.
That's not a hard job at all- they just need to go and take a look at what the blogosphere has come up with.
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