CBO Says Deficit Will Drop Then Climb

[AlCzervik]

CBO Says Deficit Will Drop Then Climb

By MARTIN CRUTSINGER
ASSOCIATED PRESS

WASHINGTON (AP) - The Congressional Budget Office on Thursday estimated that the federal deficit will decline to $260 billion this year but will increase to $286 billion next year with total deficits over the next decade put at $1.7 trillion.

The $260 billion forecast for the current budget year, which the CBO previewed earlier this month, would represent an improvement from last year's actual deficit of $319 billion.

However, the detailed CBO report released Thursday showed that the improvement will be temporary with deficit expected to swell to $1.7 trillion over the next decade.


http://www.lasvegassun.com/sunbin/stories/text/2006/aug/17/081704811.html

[mrcheerful]

1. Well isn't that just special? Are you buying the number juggling bushco's

doing? Its all smoke and mirrors to make things look better then they really are. Hell I can pull any large number out my ass, that the good old citizens of the US can't comprehend, and say things are better, then predict that next year will be worse. Pukes pull this every election cycle then spin it as tax and spend democrats. The pukes have a better plan, shift the burden of tax breaks from the bottom to the top and everyone gets wealthy except those that don't try to "pull themselves up by their boot straps".

[AlCzervik]

2. the Republicans plan----

Let them eat Jesus.