White House Acknowledges Ballooning Deficit

[celestia671]

WASHINGTON (Reuters) - The White House said on Tuesday federal budget deficits would balloon to a record $455 billion this fiscal year and to $475 billion in 2004, a presidential election year, even without factoring in the mounting cost of the U.S. occupation of Iraq (news - web sites).

snip

The government will also add over $2 trillion to the national debt over the next five years, the Office of Management and Budget (OMB) said in a report.

more

http://story.news.yahoo.com/news?tmpl=story&cid=578&ncid=578&e=5&u=/nm/20030716/ts_nm/bush_deficits_dc


This is pretty scary! Let's vote these clowns out of office next year!

[umcwb]

1. Locking

Dupe, please continue discussion here:
http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=15321&mesg_id=15321&listing_type=search

Have a great night,
UMCWB
DU LBN Moderator

[Peace_2_Everyone]

2. the repubs do like red dont they?

red INK that is!!!



http://story.news.yahoo.com/news?tmpl=story2&u=/030715/161/4orb2.html&e=13&ncid=1617