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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (6437)	1/29/2004 5:47:59 PM
From: mishedlo	Read Replies (1) \| Respond to of 110194

Whats a few hundred billion....It's not a good start to balancing it in 5 years. msnbc.msn.com WASHINGTON - President Bush's new budget will project that the just-enacted prescription drug program and Medicare overhaul will cost a third more than previously estimated and will predict a record deficit exceeding $500 billion for this year, congressional aides said Thursday. Instead of a $400 billion 10-year price tag, Bush's 2005 budget will estimate the Medicare bill's cost at $540 billion, aides said on condition of anonymity. Bush is to submit by Monday a federal budget for the fiscal year 2005, which starts Oct. 1.