Preliminary analysis of the president’s 2008 budget request
<http://www.cbo.gov/ftpdoc.cfm?index=7836&type=1>
(PDF; 128 KB)
Source: Congressional Budget Office
“CBO now projects that, under current policies, the cumulative deficit
for the 2008–2012 period would total $283 billion rather than the $194
billion projected in January (most of that change stems from the
extrapolation of additional funding in 2007 for discretionary programs).
Deficits would still turn to surpluses in 2012 under the CBO baseline,
but the cumulative surplus over the 10-year period would drop to $586
billion (0.3 percent of GDP)—down from the $800 billion (0.5 percent of
GDP) projected in January.”
From: http://www.docuticker.com/?p=11480
