“The 2002 budget figures were scheduled to be released today, but the administration released the key numbers last night in what Democrats interpreted as an effort to bury the bad news on a day dominated by developments in the sniper case. The Office of Management and Budget reported receipts of $1.853 trillion for the year and spending of $2.012 trillion, yielding the $159 billion deficit in the year ended Sept. 30.
The surplus began in 1998, peaked at $237 billion in 2000 and slipped to $127 billion in fiscal 2001. The 2002 deficit was the largest since fiscal 1995's $164 billion shortfall.”
Things ain't getting better, George. All this stuff may be cumulative. Once the bombing is over, will those folks have a viable country to which to come home?
Arf (one born every minute – conservative, that is)
Budget Deficit of $159 Billion Reported
The whole thread (20 posts)
- Budget Deficit of $159 Billion Reported
- So George has lost us 400 Billion in less than 2 years...........
- Must be those tax cuts...
- Yeh. Deficits are ok, as long as they are signed by Republicans. n/t (n/t)
- Re: And there was that war-thing . . .
- Must be those tax cuts...
- So George has lost us 400 Billion in less than 2 years...........
