Thursday, June 7, 2007

U.S. FY07 budget deficit seen $150 bln-$200 bln-CBO

(Reuters) - "CBO expects that the government will end 2007 with a
deficit of between $150 billion and $200 billion," the budget
office said. That is down from its March estimate of $214
billion.




On May 31, White House budget director Rob Portman told
reporters that the country's deficit is likely to be "closer to
$200 billion" than the $244 billion the administration forecast
in February.


Read more at Reuters.com Bonds News

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