Deeper in the Red

The budget deficit this year is projected to swell to $1.2 trillion, or 8.3 percent of U.S. economic output. That total, however, does not include the effects of any future legislation.

SOURCE: Congressional Budget Office | The Washington Post - January 8, 2009

This Story Congress Urges Spending Restraint Article \| The nation's budget deficit will soar to an unprecedented $1.2 trillion this year, congressional budget analysts said yesterday, a startling tide of red ink that could dampen enthusiasm on Capitol Hill for some of President-elect Barack Obama's most ambitious priorities. Deeper in the Red		TOOLBOX E-Mail This Save/Share + Digg Facebook Reddit Twitter myspace SOURCE: Congressional Budget Office \| The Washington Post - January 8, 2009 ¬es=The budget deficit this year is projected to swell to $1.2 trillion, or 8.3 percent of U.S. economic output. That total, however, does not include the effects of any future legislation." onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('delicious')" onmouseout="resetbg2('delicious')" target="new">del.icio.us SOURCE: Congressional Budget Office \| The Washington Post - January 8, 2009 \'),\'newstrust\'+(new Date()).getMilliseconds(),\'dependent=no,scrollbars=yes,resizable=yes,alwaysRaised=yes,status=yes,directories=yes,location=yes,menubar=yes,toolbar=yes,width=430,height=750,modal=no\'));ntw.focus();'" onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('newstrust')" onmouseout="resetbg2('newstrust')">NewsTrust Stumble It! COMMENT 0 Comments Your browser's settings may be preventing you from commenting on and viewing comments about this item. See instructions for fixing the problem. Discussion Policy CLOSE Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post. Who's Blogging » Links to this graphic
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