Negative Results, Positive Spin

Here's part of the Treasury's Department's press release on fiscal 2005 budget results:

The statement shows the actual budget totals for the fiscal year that ended September 30, 2005, as follows:

• A deficit of $319 billion;
• total receipts of $2,154 billion; and
• total outlays of $2,473 billion.

"The year-end budget report highlights the positive results of the President's economic leadership...."

--Secretary John W. Snow

It does?