Obama Whitehouse Delivers Bad News on Friday: $2 Trillion Higher Deficit Projected

Posted by admin
August 21, 2009

Check out link:http://www.nytimes.com/aponline/2009/08/21/us/politics/AP-US-Obama-Budget.html?_r=1

WASHINGTON (AP) — The Obama administration expects the federal deficit over the next decade to be $2 trillion bigger than previously estimated, White House officials said Friday, a setback for a president already facing a Congress and public wary over spending.

(Excerpt) Read more at nytimes.com …

Economy

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