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To: Ken Benes who wrote (72735)7/2/2001 12:40:19 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 116753
 
either dificit spending will return

or budgets will be cut

same effect



To: Ken Benes who wrote (72735)7/2/2001 3:13:12 PM
From: Nadine Carroll  Read Replies (3) | Respond to of 116753
 
At the moment, the return of deficits is not a given

I would say that the return of Federal budget deficits is as near a sure thing as you are likely to see. Combine an economic slowdown (a real recession is not required) with Bush's tax cut (current cost 1.8 trillion, with a guaranteed tax crisis every year), and you will see surpluses turn into deficits within two years.


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