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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Dangerous Deficits (washingtonpost.com). You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Dangerous Deficits (washingtonpost.com)
by k at 11:45 am EST, Jan 27, 2004

] THE CONGRESSIONAL Budget Office released its new deficit
] projections yesterday, and the bad news is that the
] deficit is forecast to total nearly $2.4 trillion over
] the next decade, almost $1 trillion more than the
] estimate just five months ago. The worse news is that the
] actual prognosis is far grimmer. Because the budget
] office is required by law to ignore some likely costs,
] the more realistic scenario is that the federal
] government will spend about $5 trillion more over the
] next 10 years than it takes in.

ouch.


 
 
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