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CBO Forecasts $368 Billion Deficit

The Congressional Budget Office forecasts a deficit of $368 billion for the current fiscal year, a $20 billion jump from its prediction last fall. The numbers do not include the additional $80 billion for military operations in Iraq and Afghanistan that the Bush administration has said it will seek from Congress.

Copyright 2005 NPR

Andrea Seabrook covers Capitol Hill as NPR's Congressional Correspondent.