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."
Bush admn admits leaving massive deficit
FE Team | Published: December 24, 2008 00:00:00 | Updated: February 01, 2018 00:00:00
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