.....reflecting a strong economy and resulting growth in tax revenue, congressional analysts said Friday.

The estimate by the nonpartisan Congressional Budget Office is well below its earlier predictions and also below the $296 billion White House estimate less than a month ago.

Better-than-expected revenues are driving the deficit down from last year's $318 billion figure and far below the record $413 billion posted in 2004.

"The deficit picture is even better when measured against the size of the economy, which is the comparison economists think is most important."

That dang "Dubya"..........it's all his FAULT.

The estimate for this year's deficit was $425 billion....when it was first issued about a year ago. Democrats embraced the forecast because it showed how disastrous The President and this Administration's policies were supposed to be. Now they are saying that forecast was rigged to make President Bush look good.

RacinBob6:

And how much higher is it than it was under Clinton?

BTW, the deficit does NOT include what's being wasted in Iraq, so don't get too excited.

Why do YOU always bring up your hero clinton, he is causing money problems in New York right now, or are you ignoring that issue?

Ahhhh, yes...........our man RB6. Always able to find that dark cloud behind every silver lining.

texracr:

Ahhhh, yes...........our man RB6. Always able to find that dark cloud behind every silver lining.

 

What are you talking about?

We are ALL going to die sometime, how can that be a good thing?

texracr:

Ahhhh, yes...........our man RB6. Always able to find that dark cloud behind every silver lining.

 

Fact?.........FACT?

The title of this thread is a FACT.

Deficit Estimated Lowest in 4 Years

Check One: Yes ____   NO_____

texracr:

Just curious, RB6. Do all Liberals consider overthrowing a murderous dictator, freeing oppressed people and giving them the opportunity to elect their own Government as being a "waste"? Or is this just your own private personal viewpoint?