National Debt Clock

Wednesday, August 26, 2009

Obama Raises 2010 Deficit Estimate to $1.5 Trillion

http://www.bloomberg.com/apps/news?pid=20601087&sid=aNaqecavD9ek

U.S. unemployment will surge to 10 percent this year and the budget deficit will be $1.5 trillion next year, both higher than previous Obama administration forecasts because of a recession that was deeper and longer than expected.

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