It's a new record!
Budget deficit expected to be $427 billion for 2005.
The figure, provided by a chickenshit senior Bush misadministration official on condition of anonymity, was among a flood of numbers released Tuesday that underscored a gloomy budget picture.
The nonpartisan Congressional Budget Office said projected deficits for the decade ending in 2014 had grown $503 billion worse than it calculated in September, excluding war costs. The deterioration was chiefly due to >tax cuts and hurricane aid enacted since then.
The nonpartisan Congressional Budget Office said projected deficits for the decade ending in 2014 had grown $503 billion worse than it calculated in September, excluding war costs. The deterioration was chiefly due to >tax cuts and hurricane aid enacted since then.
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