News tagged with “financial system”. Found:
1 tagged news report.

United States's Largest Deficit Ever Amounting to $1.42 trillion!!!

Posted by: spike-breaker08  | 

Washington :: DC :: USA | about 1 month ago

Credibility

Despite lots of efforts by the United States government in stabilizing the financial system and to jump-start the economy, the federal budget deficit reached $1.42 trillion as the recession caused huge amount of tax revenues to plunge. Sept. 30 was the...

Tags: United States government, financial system, economy, deficit, recession, tax revenues, budget, imbalances, Barack Obama, World War II, unemployment rate, White House, Peter Orszag, Congress