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Home > Politics > White House Predicts 2004 Deficit Of $445 Billion — the Biggest Ever

White House Predicts 2004 Deficit Of $445 Billion — the Biggest Ever

July 31, 2004 | Washington Post

by Dana Milbank

The White House forecast yesterday that the U.S. budget deficit for this year will be a highest-ever $445 billion, lower than the administration previously predicted but nearly 20 percent larger than last year’s record shortfall.

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