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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: yard_man who wrote (6275)	1/27/2004 1:17:20 PM
From: mishedlo	Read Replies (1) of 110194

cbs.marketwatch.com CBO sees $477 billion deficit in 2004 Long-term federal fiscal picture forecast to deteriorate The outlook for the federal deficit improved slightly for fiscal 2004, the Congressional Budget Office said Monday, but the outlook for the next decade has deteriorated since the agency's last forecast issued in August. Sen. Kent Conrad of North Dakota, the senior Democrat on the Senate Budget Committee, said the figures show that Bush is "the most fiscally irresponsible president in our nation's history." "His tax cut and spending policies have led to a dangerous deterioration in our fiscal outlook, threatening the fundamental economic security of the nation," Conrad said, in a written statement.

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