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Budget highlights
Washington Times ^ | Tuesday, February 4, 2003

Posted on 02/03/2003 10:51:59 PM PST by JohnHuang2

Edited on 07/12/2004 4:00:43 PM PDT by Jim Robinson. [history]

In the midst of an economic soft patch, the ongoing war against international terrorism and the continuing adverse revenue effects from the bursting of the 1990s stock-market bubble, President Bush yesterday unveiled his blueprint for the 2004 budget year, which begins Oct. 1. Federal spending would total $2.23 trillion, reflecting an increase of $89 billion over 2003. Even with the full implementation of the president's economic growth package, which would reduce tax receipts by $111 billion in 2004, overall tax revenues are forecast to increase by $86 billion over 2003.


(Excerpt) Read more at washtimes.com ...


TOPICS: Editorial; Government; News/Current Events
KEYWORDS: federalbudget2004
Tuesday, February 4, 2003

Quote of the Day by leadpenny

1 posted on 02/03/2003 10:51:59 PM PST by JohnHuang2
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