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Record Federal Budget Deficit Expected in Fiscal 2009

Posted on July 28, 2008

From the USA Today: Record deficit expected in 2009 The White House has increased its estimate for next year's deficit to nearly $490 billion, a record figure ... In February, President Bush predicted the 2009 deficit would be $407 billion.The budget update shows this year's deficit headed under $400 billion ... First, this is the Unified Budget deficit. By these projections, the General Fund...

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budget , deficit