Bush Aides Say Budget Deficit Will Rise Again
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The deficit figure of $427 billion includes part of an additional $80 billion that President Bush requested for Iraq.
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The Congressional Budget Office is projecting this election-year&#39;s federal deficit will reach a record $422 billion, congressional aides said
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At their national convention, Republicans were short on specifics on how to pay for an economic agenda in a second Bush administration. One reason is that President Bush could end up having to back a tax increase, just as his father did.
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The Bush administration foresees a sharp rise in the capture of al-Qaida-linked terrorists in the coming year and is asking for more money to pay for tips leading to captures
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US President George W Bush has said he intends to &#39;send a signal&#39; to financial markets that he is serious about a strong dollar by tackling the US budget deficit.
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The U.S. budget gap expanded to  $412.55 billion in fiscal 2004, marking the Bush  administration's second-straight record deficit, the Treasury  Department said on Thursday.
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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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US President George W Bush has outlined plans for his next four years in office. The White House claimed Mr Bush&#39;s re-election gave him a second-term mandate for his agenda to keep taxes low and revamp social security.
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WASHINGTON - Democrats are blaming President Bush for the record 2004 federal deficit of $413 billion, but Republicans say the figure shows that the economic and budget pictures are brightening.    The Treasury Department announced the figure Thursday, two weeks after the government's 2004 budget year ended and just 19 days from an Election Day in which Bush's economic and fiscal performance are pivotal issues...
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Over the next 10 years, the nation&#39;s cumulative budget deficit will soar to $2.3 trillion, the CBO projected. And if President Bush succeeds in making his tax cuts permanent, as he&#39;s vowed to do if re-elected, the 10-year deficit could top $4 trillion.
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The record $3.1 trillion budget proposed by President Bush on Monday would produce eyepopping federal deficits, despite his attempts to impose politically wrenching curbs on Medicare and eliminate scores of popular domestic programs.
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The nation's budget deficit will drop to $205 billion in the fiscal year that ends in September, even as a worsening deficit picture for future years makes it more difficult for President Bush to meet his pledge of a surplus by 2012.
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The federal budget deficit inched up in the first quarter of the fiscal year, congressional budget estimators said yesterday, as the growth in tax revenue slowed along with the softening economy.
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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, U.S. administration officials said.
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Trimming the record US budget deficit should be the top economic priority for the second term of President George W. Bush, a survey of economists showed.
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President Bush makes remarks during a White House conference on the economy, Wednesday, Dec. 15, 2004, in Washington. The administration is hoping to build momentum for Bush&#39;s ambitious second-term agenda
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With re-election behind him, President Bush was meeting Thursday with his Cabinet and he was likely to discuss the agenda for his second term.