The Justa and Lars Honors Bob Brinker Investment Club Thread Message Board

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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread

VTI 320.10

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Nov 20 4:00 PM EST

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To: marc ultra who wrote (1600)	11/29/2001 12:07:54 AM
From: marc ultra	Read Replies (1) of 10065

Hmm, looking for reasons to support the secular bear case? White House Says it Expects at Least 3 Years of Deficits nytimes.com "It is regrettably my conclusion that we are unlikely to return to balance in the federal accounts before possibly fiscal '05," Mr. Daniels said, referring to the fiscal year that will start on Oct. 1, 2004. "That is, within the next two years things will have to break right for us to do that." "Raising the possibility that the budget situation could continue to deteriorate, Mr. Daniels, in a speech at the National Press Club, said decisions about taxes and spending in the next year "will determine whether we ever see another surplus."

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