Yep, old BushCo is doing a grand job of running the country into the
ground, just like he did with his company that couldn't find oil in
Texas:

The Congressional Budget Office is projecting that this
election-year's federal deficit will reach $422 billion, congressional
aides said Tuesday, the highest ever, yet a smaller shortfall than
analysts had predicted earlier this year.

The figure, provided by aides who spoke on condition of anonymity, is
sure to provide political fodder for both parties during the remaining
two months of the presidential and congressional campaigns.

Democrats plan to cite it as evidence that President Bush's tax and
economic policies have been a disaster.