Some private analysts have predicted the total would be at least 120 percent for the year.
Private analysts said the deficit could well be $200 billion or more for the next several years at least.
Other private analysts have predicted that the cost will be at least $60 billion.
Private analysts say that is unlikely, given the nation's economic problems.
Some private analysts using big computer models still try to make estimates.
The consensus among private analysts now is for a recession to last through mid-1991.
Private analysts largely agreed with the Administration's assessment of the new data.
But some private analysts said a more realistic expectation is about 120 percent.
Some private analysts said they thought the lower figure still seemed high but none cited figures of less than a few billion dollars.
But he did declare his agency's estimate to be in line with those of most private analysts.