With the economy performing worse than hoped, revised White House figures point to deepening budget deficits, with the government borrowing almost 50 cents for every dollar it spends this year.
The deficit for the current budget year will rise by $89 billion to above $1.8 trillion -- about four times the record set just last year...
READ MORE
Tuesday, May 12, 2009
White House: Budget deficit to top $1.8 trillion
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment