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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (415697)	6/17/2003 12:08:45 PM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 769670

Goldman Economists See $475 Bln Budget Deficit, Dow Jones Says June 16 (Bloomberg) -- Goldman Sachs Group Inc. economists raised their estimate for the U.S. budget deficit next year to $475 billion from $450 billion, Dow Jones Newswires said. The economists said their estimate of a $425 billion deficit in the current fiscal year ``still looks reasonable,'' the wire service reported. The economists added that risks to both estimates ``tilt to the high side.'' Last week, the Congressional Budget Office increased its forecast for the fiscal 2003 deficit to more than $400 billion, Dow Jones said. The economists also boosted their estimate for a cumulative deficit over the next 10 years, from fiscal 2004 through fiscal 2013, to $4.5 trillion from $4.2 trillion, Dow Jones said. (Dow Jones Newswires 6-16) Last Updated: June 16, 2003 19:49 EDT quote.bloomberg.com