Fuzzy outlook, deficits could trip Bush economic plans: analysts
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With the outlook fuzzy and the US economy saddled by big deficits, President George W. Bush will face a tough road implementing his ambitious economic agenda in a second term, analysts say.
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Anyone hoping for an answer to when the weak dollar or the size of U.S. deficits will stabilize is likely to be disappointed at this year's World Economic Forum.
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Chancellor Gordon Brown is in danger of breaking his economic "golden rule" because forecasts for tax revenues are too optimistic, a report says.
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Amid new worries about a possible recession, the housing slump and rising oil prices, President Bush is exploring an economic stimulus package to reinforce the U.S. economy.
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The US budget deficit will balloon to $2.29 trillion over the next decade, a worse outlook than previously forecast according to a new report by congressional analysts, said a congressional source Tuesday.
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WASHINGTON -- A string of government reports yesterday offered a mixed picture of the US economy.
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President Bush's proposed federal budget is based on too-rosy revenue estimates and would probably not produce its advertised surplus of $61 billion in five years, according to new estimates from the Congressional Budget Office.
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WASHINGTON - President Bush and Democratic Sen. John Kerry have starkly different economic priorities with a common thread: price tags exceeding $1 trillion that could pump already huge deficits skyward over the next decade...
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The U.S. economy will linger  through a "soft patch" for the foreseeable future and a  pullback in consumer spending could trigger a recession within  the next two years, according to a widely watched forecast  issued on Wednesday.
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Prospects for the global economy next year are growing dimmer as high oil prices hurt consumption and the unchecked rise in the United States trade deficit depresses the dollar
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CRAWFORD, Texas  - President Bush's economic  advisers are warning that high energy prices have become a drag  on the U.S. economy and not merely a threat to growth, chipping  away at Bush's upbeat election-year projections and increasing  pressure on him to act.
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The White House will estimate on Wednesday that the U.S. budget deficit for fiscal year 2007 will come in at $205 billion, a drop from last year, a U.S. official said.
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The Bush administration forecasts a strong US economy in 2005, with inflation and unemployment expected to decline. The official projections were released Friday, on the heels of a two-day
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President Bush was saying last month that the economy had &quot;turned the corner,&quot; but the recovery he&#39;s counting on to help drive him to re-election Nov. 2 has hit some potholes lately.
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President Bush touted new deficit figures Tuesday showing considerable improvement upon earlier administration predictions, saying it shows the wisdom of his tax cuts.
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The US economic outlook has suddenly darkened in the wake of data showing a stalling of the job growth machine, raising risks that a housing slump will lead to a full-blown recession, analysts say.
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The Congressional Budget Office is predicting the government will accumulate another $855 billion in deficits over the next decade, excluding the costs of President Bush's Social Security plan and ongoing wars in Iraq and Afghanistan.