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Old 07-13-2005, 11:26 AM
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Bush lowers deficit over a billion dollars

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Old 07-13-2005, 08:19 PM
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Re: Bush lowers deficit over a billion dollars

The annual White House midyear budget report projects that this year's deficit will drop to $333 billion, $79 billion below last year's record red ink and almost $100 billion less than earlier estimates.

LOL! Grasping at straws??

I guess a 333 billion deficit is better than a 433 billion deficit...
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Old 01-26-2008, 03:55 AM
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Re: Bush lowers deficit over a billion dollars

Oops...recent report card.

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The deficit picture remains worse than it was when Bush took office seven years ago. Then, both White House and congressional forecasters projected cumulative surpluses of $5.6 trillion over the subsequent decade.

But a revenue bubble burst, a recession and the Sept. 11, 2001, terrorist attacks adversely affected the books. Several rounds of tax cuts, including Bush's signature $1.35 trillion 2001 tax cut, also contributed to the return to deficits in 2002 after four years of budget surpluses. The national debt has risen to $9.2 trillion.

"This guy will come close to doubling the debt of the country during his period of presidency," Conrad said.

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Old 03-10-2008, 10:38 PM
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Re: Bush lowers deficit over a billion dollars

Bush pretty much screw everyone in the world over and it seems that it caused a world-wide recession...
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Old 03-16-2008, 07:15 PM
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Re: Bush lowers deficit over a billion dollars

cant wait til his term is over...
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Old 03-22-2008, 04:45 PM
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Re: Bush lowers deficit over a billion dollars

No doubt the next President gets a whole bunch of problems.

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The Bush administration projects this year's deficit will rise to a near-record $410 billion, in part because of the stimulus plan, after a $162.8 billion gap last year.
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Old 03-23-2008, 01:13 PM
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Re: Bush lowers deficit over a billion dollars

well at least everything is cheap and its a good time to buy stocks at low values although they'll probably continue to drop...
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