PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: exdaytrader76 who wrote (403315)	5/6/2003 3:04:27 PM
From: TigerPaw	Read Replies (2) of 769670

Economists at Citigroup Inc., the world's largest financial institution, aren't buying the Bush administration's budget deficit forecast. At $500 billion, their prediction for this year is 64 percent above the White House's quote.bloomberg.com Investors, consumers and companies may pay the price as the deficit swells and a return to surplus is delayed by a sluggish economy and increased government spending. The U.S. will have to increase the amount it borrows to refinance maturing debt as it funds a growing deficit, sending yields higher on Treasuries and consumer borrowing, some economists said.

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