In a good news/bad news scenario typical of the Beltway, the Congressional Budget Office said the federal government would close out its fiscal 2003 with a $401 billion deficit — roughly $54 billion less than the shortfall projected by the White House.
That’s the good news.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access