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

To: J_F_Shepard who wrote (534308)	2/2/2004 3:37:15 PM
From: Skywatcher	Respond to of 769670

Great news SENDING THE MARKETS INTO A NOSEDIVE...the great W RETURNS TO HIS POWER TO DEFEAT THE ECONOMY.....the latest! Treasury plans to borrow $177 billion this quarter By Rachel Koning CHICAGO (CBS.MW) -- The U.S. government plans to borrow a net $177 billion in the January-to-March quarter, the Treasury Department said Monday. That's up slightly from the $170 billion most analysts expected and tops the agency's previous estimate for the quarter of $160 billion. For the October-December quarter the government borrowed a slightly smaller-than-expected $113 billion. Treasury also said it expects to borrow $75 billion during the April-June quarter. The agency on Wednesday will detail the size of its 2-, 5- and 10-year note auctions planned for next week. Increased debt issuance is planned to help finance the record federal budget deficit. The White House earlier Monday predicted a larger-than-expected $521 billion shortfall this fiscal year. 3:00pm 02/02/04 Crude futures end near $35 per barrel By Myra P. Saefong SAN FRANCISCO (CBS.MW) -- March crude rose $1.93, or 5.8 percent, to close at $34.98 per barrel with traders concerned that saboteurs will continue to cause more output disruptions in Iraq. Futures prices haven't closed this high in over a week. On the heels of crude's rally, March heating oil ended with a 3.2 percent gain and March unleaded also climbed by 5.2 percent. March natural gas added 3.3 percent.