Tuesday, July 14, 2009
Budget deficit tops $1 trillion for first time
The federal deficit has topped $1 trillion for the first time ever and could grow to nearly $2 trillion by this fall, intensifying fears about higher interest rates, inflation and the strength of the dollar... The deficit has been widened by the huge sum the government has spent to ease the recession, combined with a sharp decline in tax revenues...MyWay: Budget deficit tops $1 trillion for first time
Permalink posted by markw @ 6:44 AM 
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