Bush admn admits leaving massive deficit
December 24, 2008 00:00:00
WASHINGTON, Dec 23 (AFP): US President George W Bush's administration acknowledged yesterday that it would leave behind a massive budget deficit but could not say whether it would exceed one trillion dollars.
"The size of the budget deficit, whatever the number is, I can't predict whether it's going to be a trillion or something less than that," said White House spokesman Tony Fratto.
Fratto said it would be a "very significant number."
