Can I read CBO June 2003 Budget Deficit Report on EtoBox?

CBO June 2003 Budget Deficit Report is a document available to read on EtoBox.

What is CBO June 2003 Budget Deficit Report about?

The CBO projects a $400 billion plus deficit for fiscal year 2003, an increase of $150 billion from its March estimate. The deterioration is due to continued economic weakness and the recent tax cuts. The tax cuts will add an estimated $61 billion to the deficit this year. The budget deficit through May is $291 billion compared to $145 billion for the same period last year. About 30% of the increased shortfall is due to economic and technical factors, a third is from tax cuts, and the rest from spending inc

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