Article: Cooked Books

The other day President Bush announced from the Agriculture Department that he was speeding up $850 million in income support payments to help sustain farmers still feeling the harsh effects of last summer's drought.

That was a wise and generous decision, and further proof of what an advantage it is to have an experienced president who knows how to make economical use of the funds at his disposal. Just a few days before, the White House had made the opposite use of the same $850 million. The speeding-up of the payments had been construed by the president, his budget director and congressional leaders as an example not of generosity but of restraint. It was part of their budget ...

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