10-06-2006, 09:05 PM
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#2902
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Serenity Now
Join Date: Mar 2003
Location: Survivor Island
Posts: 7,007
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More Voodoo
- The federal budget estimate for the fiscal year just completed dropped to $250 billion, congressional estimators said Friday, as the economy continues to fuel impressive tax revenues.
The Congressional Budget Office's latest estimate is $10 billion below CBO predictions issued in August and well below a July White House prediction of $296 billion.
The improving deficit picture _ Bush predicted a $423 billion deficit in his February budget _ has been driven by better-than-expected tax receipts, especially from corporate profits, CBO said.
http://www.breitbart.com/news/2006/10/06/D8KJ8R2G1.html |
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