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CBO: Deficit to Hit $1.2 Trillion
Well, I guess we knew this was coming…
The 2009 federal budget deficit is projected to be $1.2 trillion, the Congressional Budget Office announced today — NOT INCLUDING THE ECONOMIC STIMULUS PACKAGE EXPECTED TO ARRIVE EARLY NEXT MONTH.
From USA Today:
In the first official reckoning of the damage caused by the severe recession, the report paints a [...]
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