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For this year, Mr. Wenglowski of Goldman , Sachsexpects a deficit of $215 billion.
Ireland this week became the first euro-area member to declare that it would bust the stability-pact ceiling on budget deficits of 3% of GDP next year: it expects a deficit closer to 6%.
Mr. Gelb's ambitious plans have added tens of millions of dollars to the budget of the company, which expects a deficit of from $3 million to $4 million for the season just ended.
That fretting, in turn, paved the way for Mr Bush's first tax cut.In its most recent projections, calculated in August 2003, the CBO expects a deficit of $1.4 trillion over the next decade, a huge shift from its estimates of three years ago.
At a news briefing today, the governor said he could not rule out further layoffs because the state expects a deficit of nearly $6 billion for the fiscal year that begins July 1. "We have to understand that a $9 billion shortfall in an 18-month period is a Herculean task," he said.
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It had expected a deficit of just £10m.
Resigned to humiliation, one disappointment outflubbing the next, they must have partly expected a deficit.
For the fiscal year that ends this month, Ms. Fiordellisi said, she expected a deficit of about $100,000.
Analysts had expected a deficit of $106 billion after a previously reported shortfall of $109.6 billion in the first quarter.
The Commerce Department reports the merchandise trade balance for December; analysts expect a deficit of $8.8 billion, up from $8 billion in November.
The state is expecting a deficit next year of at least $7 billion, setting up a difficult test for the next governor.
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