Fiscal Year 2008 Budget Democratic Response
The House and Senate Budget Committee chairmen spoke to the press and answered questions about the president’s fiscal year 2008 budget relea… read more
The House and Senate Budget Committee chairmen spoke to the press and answered questions about the president’s fiscal year 2008 budget released earlier in the day. They said that the budget plan relied on a series of optimistic economic assumptions to transform the nation’s $248 billion deficit into a $61 billion surplus by 2012, and that the president would only be restoring the country’s fiscal condition to the surplus he inherited when he took office in 2001. close
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