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Exact(7)
The trade deficit report caused many economists to raise their economic forecasts for this year.
The trade deficit report said that the gap between what Americans import and export was $58.1 billion in June, seasonally adjusted, compared with $59.2 billion in May.
Democrats quickly seized on the administration's announcement and the new Congressional deficit report, accusing Mr. Bush of making a bad fiscal situation worse by pushing for permanent tax cuts at a time of war.
But correspondents tell me that at VSP Central, aka The Washington Post — where deficit panic has pervaded the news pages as well as the opinion section — the stunning new deficit report is buried as a small item deep inside the paper.
The deficit report now goes to the full commission, where 14 of the 18 commissioners (12 members of Congress and six private citizens) must agree in order to send a final package of reforms to Congress for a December debate and vote.
Black Monday was triggered by a monthly trade deficit report.
Similar(52)
The scale of deficit reported is unprecedented.
UCU says that the £8bn deficit reported in March only provides a snapshot of the scheme.
In this context, George Osborne might have been perversely pleased by the unexpectedly large August deficit reported yesterday.
The $9.6 billion deficit was not much smaller than the ¥775 billion deficit reported a year earlier, the Finance Ministry reported Thursday.
Merrill, the nation's largest brokerage firm, posted a $9.8 billion fourth-quarter loss, almost matching the deficit reported for the period by Citigroup, a company three times Merrill's size.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com