[Brilliant]

$100 billion off what, though? They've been saying this for some time. Is it a new $100 billion, or the old $100 billion?

[expat_panama]

$100 billion off what, though?

The new is that the latest reports are "slashing the federal budget deficit by about $100 billion."  I'd have thought this was good news but you're concerned about just how big are the remaining numbers.   If it were info you wanted you could just look here.

I take it that your question is rhetorical-- so I'll just answer like I'm guessing you want: "Yeah that's right!  WHAT!!!"

Did I guess right?

[Tennessean4Bush]

What this means is that, despite somewhat higher spending, "The federal deficit could come in at $325 billion to $350 billion, significantly better than the White House $427 billion projection, or the Congressional Budget Office's $400 billion forecast," writes The Washington Post's economics reporter Jonathan Weisman.

Some fiscal experts now predict the deficit could come in at around $300 billion. My own belief is it will be even lower because the economy is growing much faster than expected. Last week, the U.S. Commerce Department reported that, for the first three months of the year, the economy was growing at an annualized 3.8 percent, instead of the 31/2 percent they initially reported. This revised estimate, in the face of Wall Street fears of economic slowing, provided "more ammunition for Republican boasts that their tax cuts are the cause of this performance," Mr. Weisman reported.