US Deficit to Hit $1.5T: CBO
A continuing weak economy and last month’s bipartisan tax cut legislation will drive the government’s deficit to a record $1.5 trillion this year, a new government estimate predicts. The eye-popping numbers mean the government will continue to borrow 40 cents for every dollar it spends. The new Congressional Budget…
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US Deficit to Hit $1.5T: CBO
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on January 26, 2011. Filed under News, World News.
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