Tuesday, February 5

Bush's Aggressive Accounting Bush's Aggressive Accounting
By PAUL KRUGMAN

Senator Kent Conrad actually got it wrong yesterday when he criticized the Bush administration's new budget for its Enron-like accounting. Last year's budget, the one that included that big tax cut, was the one with a strong touch of Enron about it. This year's budget involves a different, though equally pernicious, kind of aggressive accounting.

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