Tuesday, March 08, 2005

Speaking of Budgets....

Analyst: Bush budget would yield deficit
By ALAN FRAM
Associated Press Writer Mar 4, 5:09 PM EST

WASHINGTON (AP) -- President Bush's budget would keep federal deficits over $200 billion annually over the next decade, Congress' top budget analyst said Friday in a report raising doubts about White House efforts to contain the shortfalls.
The analysis by the nonpartisan Congressional Budget Office said Bush's plans for spending and taxes would yield deficits through the decade ending in 2015 totaling $2.58 trillion. That is $1.6 trillion worse than they would be if none of the president's fiscal plans become law, the budget office said, the chief factor being his plan to make already enacted tax cuts permanent.

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