So the deficits projected in the President's budget, which are now going up toward the $300 billion level--and which have broken us out of the situation we were in only a couple of years ago where we were running surpluses--do not encompass potential costs of this military action in Iraq. In other words, the deficits would be significantly enhanced by whatever the amount of the cost would be; is that correct?
Discussing the projected deficits in the President's budget and potential military costs in Iraq.
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