Yahoo! News - Bush Budget Said to Cause $2.75T Deficits
WASHINGTON - President Bush's budget would produce deficits totaling $2.75 trillion over the next decade, the Congressional Budget Office projected Friday in the first authoritative look at the plan's longer-range implications.
The nonpartisan budget office said Bush's tax and spending plans would, if enacted, add $737 billion to shortfalls otherwise expected over the period. Its massive numbers are sure to factor into this year's presidential and congressional campaigns.
*singing* all the money's gone, nowhere to go....