The White House
President George W. Bush
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For Immediate Release
Office of the Press Secretary
March 22, 2001

Administration's Surplus Estimates Fact Sheet 3/21/01

The Administration's surplus estimates already assume an economic slowdown in 2001. Furthermore, the budget projections also assume that revenue growth slows markedly in 2001, 2002 and beyond relative to last year's heady pace.

Revenue Growth
Percent Growth
2000 - Actual 10.8%
2001 - YTD Actual 6.7%
2001 - Admin Forecast 5.5%
2002 - Admin Forecast 3.9%

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