>
http://www.reuters.com/article/topNews/idUSN0651670720080806?feedType...
>
> WASHINGTON (Reuters) - Falling government revenues amid a slowing economy,
> coupled with increased federal spending, will result in a U.S. budget
> deficit this year of around $400 billion, the Congressional Budget Office
> estimated on Wednesday.
>
> The $400 billion cited by Congress' budget analysis office for the 2008
> fiscal year ending September 30 is slightly higher than the White House's
> deficit estimate of $389 billion.
>
> Either way, this year's budget shortfall likely will approach the
> record-breaking deficit suffered in fiscal 2004 of $412.7 billion.
>
> DJIA 1/22/93 3256 DJIA 1/19/2001 10588 �DJIA Today 1060...
