When President George W. Bush came out with his 2006 budget recently, it received a lot of attention in the press. Too bad that most of it missed the most obvious problem with it.While stating the budget was in line with his commitment to cut the deficit in half by 2009, Bush failed to mention the three items that weren't in the budget. First, there is the cost the war in Iraq. Next up, we have the $1 trillion (at least) price tag to privatize Social Security. And lastly, there is the continuation of the tax cuts, which are set …