(Reuters) - Portman, noting the Bush administration last February
forecast a $248 billion deficit for fiscal 2007, also expressed
confidence in the overall economy, noting record highs in the
stock market and strong corporate profits.
U.S. revenue growth, while probably slowing somewhat from
previous years, will likely be in the range of 5 percent to 10
percent this year and probably "closer to 10," Portman said.
Read more at Reuters.com Bonds News
forecast a $248 billion deficit for fiscal 2007, also expressed
confidence in the overall economy, noting record highs in the
stock market and strong corporate profits.
U.S. revenue growth, while probably slowing somewhat from
previous years, will likely be in the range of 5 percent to 10
percent this year and probably "closer to 10," Portman said.
Read more at Reuters.com Bonds News
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