The Facts Machine

"And I come back to you now, at the turn of the tide"

Wednesday, February 09, 2005

OKAY, HERE'S SOME BUDGET SILLINESS

Right now it's just so damn cool to blog about Bush's proposed federal budget. So here's something Jesse noticed:
The budget includes over a billion dollars in revenue from drilling in the Arctic National Wildlife Refuge (ANWR), even though Congress hasn't authorized such drilling and has rejected President Bush's proposal to open ANWR to oil exploration for the last four years.
Okay, it's hilarious on one level that the Bush budget is partially based on fictional revenue that may as well have come from griffon farming.

What makes it even funnier is that the hypothetical revenue from ANWR oil wouldn't come in for 7 to 10 years, given that that's how long it would take to start pumping any measurable quantity of oil there. So there you have it: The Bush budget assumes a billion dollars in revenue that is not only fictional, but also from no earlier than 2012!

Really, don't trust these guys.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home