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dude1394 · 08-05-2006, 01:01 AM

http://www.sfgate.com/cgi-bin/articl...&type=politics

WASHINGTON -- The federal deficit will register $260 billion this year, the lowest in four years, 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.

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Thought I would put a little context on the number. From mavdog's post about how the economic boom is only occurring because of deficit spending.
2001 ($32.5 Billion)
2002 ($317.5 Billion)
2003 ($538.4 Billion)
2004 ($567.4 Billion)

08-05-2006, 01:01 AM	#68
dude1394 Guru Join Date: May 2002 Posts: 40,410	http://www.sfgate.com/cgi-bin/articl...&type=politics WASHINGTON -- The federal deficit will register $260 billion this year, the lowest in four years, 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. ------- Thought I would put a little context on the number. From mavdog's post about how the economic boom is only occurring because of deficit spending. 2001 ($32.5 Billion) 2002 ($317.5 Billion) 2003 ($538.4 Billion) 2004 ($567.4 Billion) __________________ "Yankees fans who say “flags fly forever’’ are right, you never lose that. It reinforces all the good things about being a fan. ... It’s black and white. You (the Mavs) won a title. That’s it and no one can say s--- about it.’’