Friday 12th of March 2010
| White House Projects Record Deficit This Year: Source |
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Reuters reports from Washington January 31: The White House predicts that the United States will post a record $1.6 trillion budget deficit in the current fiscal year, a congressional source told Reuters on Sunday. In its budget proposal to be released on Monday, the White House predicts that deficits will fall to $700 billion by fiscal 2013 before gradually rising back to $1.0 trillion by the end of the decade, the Capitol Hill source said. To read more, click this link: http://www.nytimes.com/reuters/2010/01/31/us/politics/politics-us-usa-budget-numbers.html?_r=1 |
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