Fiscal conservatism:

The federal budget deficit is running at a pace that is more than double last year’s imbalance through the first four months of the budget year… The Bush administration sent its final budget request to Congress last week, projecting that the deficit for all of 2008 will total $410 billion, very close to the all-time high in dollar terms of $413 billion in 2004… So far this year, federal spending is 8.3 percent ahead of last year’s pace… that is far ahead of the 3.2 percent increase in revenues.