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Old July 29th 03, 11:14 AM
Kent Betts
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Default Questions for Maxson

"Scott M. Kozel

The deficit is minimal compared to the total federal budget.


The deficit looks to be about 20% of the budget. $450B deficit vs
$2200B fed budget. Borrowing one dollar in five is close to as bad as
it gets, since Reagan's administration borrowed one dollar in four in
the high-deficit years.