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Bush Sends $3.11 Trillion Budget, with Higher Deficit, to Hill
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President Bush on Monday sent Congress a $3.11 trillion budget request that sees a worsening deficit over the next two years but projects a balanced federal budget by 2012. (MarketWatch [1], Monday)
The $3 trillion barrier is broken.
FEE Timely Classic
Inside the Federal Hurting Machine [2] by James L. Payne
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/bush-sends-311-trillion-budget-with-higher-deficit-to-hill/
URLs in this post:
[1] MarketWatch: http://www.marketwatch.com/news/story/president-bush-proposes-311-trillion/story.aspx?guid=%7B16744269-54A6-4389-A41C-1D5E25708F38%7Damp;dist=hplatest
[2] Inside the Federal Hurting Machine: http://www.fee.org/publications/the-freeman/article.asp?aid=2499
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