The Krile Files

And You Thought Your Budget Was Bad

January 23, 2008 · Leave a Comment

The good old U.S. Government ain’t exactly got things in balance.

U.S. budget deficit estimated at $250 billion.

A new Congressional Budget Office estimate released today concluded that the “budget deficit for the current budget year will jump to about $250 billion,” which includes the cost of the Iraq war. This figure, however, does not factor in the “at least $100 billion in additional red ink from an upcoming deficit-financed economic stimulus measure.” UPDATE: [...]

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Categories: Bush Administration · Economy

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