Wednesday, July 11, 2007

UPDATE 1-Bush to forecast U.S. deficit of $205 billion

(Reuters) - The deficit was $248 billion last year. The fresh estimate
in President George W. Bush's "midsession review" revises the
2007 forecast downward from the February estimate that put it
at $244 billion.




But the new estimate is still slightly higher than private
forecasts, which pegged the deficit at around $150 billion.


Read more at Reuters.com Bonds News

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