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Politics : Stockman Scott's Political Debate Porch

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To: T L Comiskey who wrote (52439)7/30/2004 8:52:52 PM
From: T L Comiskey  Read Replies (1) of 89467
 
One Sick Puppy

U.S. Deficit Said to Reach Record $445 Billion

By THE ASSOCIATED PRESS
July 30, 2004
Filed at 1:38 p.m. ET

WASHINGTON (AP) -- The White House projected Friday that this year's deficit will hit a record $445 billion, further fueling a campaign-season dispute over President Bush's handling of the economy.

The figure easily surpassed last year's $375 billion, making it the largest-ever in dollar terms. That gave ammunition to Democrats who say Bush's tax cuts and failure to prevent a loss of jobs during his term have worsened the outlook for the budget and the economy....
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