White House backpedals growth forecast
The White House toned down its forecast for economic growth for 2008, but still predicted "solid growth" throughout the year.
The White House toned down its forecast for economic growth for 2008, but still predicted "solid growth" throughout the year.
That prediction is more optimistic than that of the Federal Reserve and Wall Street economists.
The Bush administration estimated that the U.S. economy would expand at a 2.
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