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President Bush Discusses the Economy and Budget
President George W. Bush delivers remarks regarding the economy in the Dwight D. Eisenhower Executive Office Building Wednesday, Oct. 11, 2006. "This morning my administration released the budget numbers for fiscal 2006. These budget numbers are not just estimates; these are the actual results for the fiscal year that ended February the 30th," said the President. "These numbers show that the budget deficit has been reduced to $248 billion and is down to just 1.9 percent of the economy. As a percentage of the economy, the deficit is now lower than it has been for 18 out of the last 25 years." White House photo by Paul Morse

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