Portman expects decrease in deficit; Social Security reforms sought.(PAGE ONE)

From: The Washington Times | Date: July 10, 2006 | Copyright information

Byline: Stephen Dinan, THE WASHINGTON TIMES

The economy and federal revenues are growing at such a rapid rate that the deficit will shrink in the short term, President Bush's chief budget official says, while adding that keeping the deficit in control will depend in the long run on reform of Social Security, Medicare and Medicaid.

Rob Portman, a former congressman and U.S. trade representative whom Mr. Bush tapped two months ago to be director of the Office of...

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