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Keyword: 520billiondeficit

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  • Bush Budget To Predict FY '04 Deficit Over $500B (Is Big Spender Bush trying to lose the election?)

    01/30/2004 8:17:30 PM PST · by TheEaglehasLanded · 100 replies · 210+ views
    Quicken.com ^ | January 30, 2004 | Unknown
    Bush Budget To Predict FY '04 Deficit Over $500B Thursday, January 29, 2004 04:01 PM ET Printer-friendly version WASHINGTON [AP]--U.S. President George W. Bush's new budget will project that the just-enacted prescription drug program and Medicare overhaul will cost one- third more than previously estimated and will predict a deficit exceeding $500 billion for this year, congressional aides said Thursday. Bush's new budget will estimate this year's budget deficit at about $520 billion, the congressional sources said. That would easily surpass the $375 billion shortfall of last year, the highest deficit ever in dollar terms. Just Monday, the Congressional Budget...