Bush counting on a "dream" to reach a surplus by 2012

President Bush, who announced the other day that he will be cutting domestic spending to fund his illegal war and unaffordable tax cunts, is relying on a "dream outlook" in projecting a budget "surplus" by 2012.

The budget will fall short over the next four years but, according to the Washington Post, Bush's budget plan projects a $61 billion surplus by 2012. Excuse me but - BWAHAHAHAHAHAHAHAHAHAHA!!!!

To get there, Bush is counting on strong economic growth, diminishing costs in the Iraq war and tight domestic spending to offset the cost of his tax cuts.

Democrats yesterday criticized the five-year budget plan as overly optimistic, and predicted that extending the tax cuts past their 2010 expiration date would dig the nation deeper into debt rather than produce a budget surplus. Republicans countered that the tax cuts are critical to maintaining a healthy economy and that a balanced budget is not possible without them.

Recent estimates from the nonpartisan Congressional Budget Office stated that the tax cuts have raped the federal coffers of $1 trillion since 2001, and balancing the budget would be extremely difficult if they remained in effect.

Democrats, and anyone else with half a brain for that matter, are skeptical:

"With their track record, everything they present is going to be viewed skeptically. Because they've been deceptive year after year after year," said Senate Budget Committee Chairman Kent Conrad (D-N.D.). "Every projection shows the cost of making all the tax cuts permanent explodes at the very time the baby boomers start to retire," driving "the deficit and the growth of the debt to the moon."