The President's Budget and the Federal Debt

Feb 11 2003

The President’s budget forecasts deficits and increasing public debt over the next several years. In 2003, for example, the federal deficit is predicted to be $304 billion; as a result, the publicly held debt will increase to $3.9 trillion.

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  • The President's Budget and the Federal Debt

    The President’s budget forecasts deficits and increasing public debt over the next several years. In 2003, for example, the federal deficit is predicted to be $304 billion; as a result, the publicly held debt will increase to $3.9 trillion.BudgetUpdateFeb2003.pdf (98.0 KBs)