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


To: DuckTapeSunroof who wrote (674133)3/5/2005 2:59:05 AM
From: DuckTapeSunroof  Respond to of 769670
 
CBO sees $394B deficit in fiscal 2005

By William L. Watts, MarketWatch
Last Update: 4:58 PM ET March 4, 2005


WASHINGTON (MarketWatch) - President Bush's budget plan will result in a $394 billion deficit this fiscal year, the Congressional Budget Office estimated Friday.

...CBO estimates that in the decade from fiscal 2006 through 2015, annual deficits would total $2.58 trillion, about $1.6 trillion more than CBO projected when it issued its own baseline report in January. The White House projections go out only five years.

marketwatch.com{882B0565-1797-46EB-B85E-BA236B650C42}&siteid=mktw