Budget Deficit Doubles Level Hit In Previous Year

Democrats were skeptical and seized the moment to step up criticism of the Bush administration's handling of the government's finances. The Treasury has seen a projected $5.6 trillion 10-year surplus disappear during the Bush administration's first three years, thanks to a combination...

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Bibliographic Details
Published inThe Wall Street journal. Eastern edition
Main Author Deborah Lagomarsino and John D. Mckinnon
Format Newspaper Article
LanguageEnglish
Published New York, N.Y Dow Jones & Company Inc 21.10.2003
EditionEastern edition
Subjects
Budget deficits
Federal budget
GDP
Government spending
Gross Domestic Product
Tax cuts
United States > US
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Summary:Democrats were skeptical and seized the moment to step up criticism of the Bush administration's handling of the government's finances. The Treasury has seen a projected $5.6 trillion 10-year surplus disappear during the Bush administration's first three years, thanks to a combination of a weak economy, increased spending for war and homeland security, and the administration's tax cuts.
ISSN:0099-9660