We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Precarious gains

11 July 2006 By Edward Hadas

Bush is now forecasting a $300bn federal deficit this year. That s $80bn less than forecast six months ago. The improvement is genuine, but it s based on high profits and market gains. These would disappear in a slowdown as happened in 2001.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)