Estimates Soar for 2004 Budget Deficit

  • Playlist
  • Download
  • Embed
    <iframe src="http://www.npr.org/player/embed/1413383/1413384" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The Congressional Budget Office forecasts that the federal deficit will reach $480 billion next year — nearly double the shortfall forecast released in March. The CBO also predicts the U.S. government will rack up at least $1.4 trillion in debt over the next decade. Hear Peter Orszag of the Brookings Institution.



Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

NPR thanks our sponsors

Become an NPR sponsor

Support comes from