Monday, January 26, 2004
Congressional Budget Office projects U.S. deficit to hit $477 billion
January 26, 2004
The Congressional Budget Office on predicted a deficit of $477 billion in 2004. It said next year's deficit would total $362 billion, up from its previous forecast of $341 billion. And, based on current spending and tax policies, total deficits are now expected to reach almost $2.4 trillion between 2004 and 2013, up from a prior forecast of $1.4 trillion in the same period.
The Congressional Budget Office on predicted a deficit of $477 billion in 2004. It said next year's deficit would total $362 billion, up from its previous forecast of $341 billion. And, based on current spending and tax policies, total deficits are now expected to reach almost $2.4 trillion between 2004 and 2013, up from a prior forecast of $1.4 trillion in the same period.
All articles in this archive are used under "fair use" as they are important to the national discussion of whether or not the people of this country are being deceived by their government. These articles are used as evidence in that discussion.
