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Record-High Deficit May Dash Big Plans

Source: Washington Post
Washington : DC : USA | about 1 month ago  
Views: 17
The federal budget deficit soared to a record $1.4 trillion in the fiscal year that ended in September, a chasm of red ink unequaled in the postwar era that threatens to complicate the most ambitious goals of the Obama administration, including plans for fresh spending to create jobs and spur economic...
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  • News Source: Seattle Times | about 1 month ago
    That boosted the shortfall for the full fiscal year that ended Sept. 30 to $1.42 trillion...GDP, since 1940: 30.3% 1943 deficit 21.5% 1945 deficit 10% 2009 deficit 6% 1983 deficit 3.2% 2008 deficit The Associated Press
  • News Source: Denver Post | about 1 month ago
    The Obama administration said Friday that the federal budget deficit for the fiscal year that just ended was $1.4 trillion, nearly a trillion dollars greater than the year before and the largest shortfall relative to the size of the economy since...
  • News Source: Asian Wall Street Journal | about 1 month ago
    The Treasury said the U.S. ran its biggest budget deficit since World War II, a record that promises to complicate Democrats' efforts to enact their agenda. The Treasury Department reported that the deficit for the 2009 fiscal year ended Sept. 30...
  • News Source: Washington Post | about 1 month ago
    The federal budget deficit soared to a record $1.4 trillion in the fiscal year that ended in September, a chasm of red ink unequaled in the postwar era that threatens to complicate the most ambitious goals of the Obama administration, including plans...
  • News Source: The Hindustan Times | about 1 month ago
    The US federal budget deficit has tripled to a record high of $1.42 trillion in the past year amid the worst economic crisis in decades, according to government data released on Friday. The figure for the 2009 fiscal year, which ended Sep 30,...
  • News Source: Canada.com | about 1 month ago
    The United States must live within its means once its economy recovers if it is to preserve global confidence in the U.S. dollar's status, Treasury Secretary Timothy Geithner said on Friday. He made the comments after the Obama administration...
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  • Blog Source: www.nwotruth.com
    The US government closed its 2009 fiscal year with a record budget deficit of 1.417 trillion dollars, some 962 billion dollars higher than the prior year, officials said Friday. The deficit amounted to 10 percent of US gross domestic ...
  • Blog Source: www.onepennysheet.com
    The US government closed its 2009 fiscal year with a record budget deficit of 1.417 trillion dollars, some 962 billion dollars higher than the prior year, officials said Friday. The deficit amounted to 10 percent of US gross domestic ...
  • Blog Source: www.washingtonexaminer.com
    The federal budget deficit has surged to an all-time high of $1.42 trillion as the recession caused tax revenues to plunge while the government was spending massive amounts to stabilize the US financial system and jump-start the ...
  • Blog Source: www.washingtonexaminer.com
    The annual budget deficit reached $1.4 trillion in fiscal year 2009, the Obama administration said Friday, a record sum by far in dollar terms. It's the result of both a huge jump in spending and a sharp drop in tax revenue. ...
  • Blog Source: www.dvorak.org
    The deficit for Fiscal Year 2009, which ended Sept. 30, came in at a record $1.42 trillion, more than triple the record set just last year. A year ago, as the financial crisis hit and the Bush administration prepared massive bailout ...
  • Blog Source: www.washingtonexaminer.com
    The federal budget deficit has surged to an all-time high of $1.42 trillion as the recession caused tax revenues to plunge while the government was spending massive amounts to stabilize the financial system and jump-start the economy. ... " Today's
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Posted By Shirley66 Shirley66 | about 1 month ago
That is bad for the big plans.
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