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IPFS News Link • Economy - Economics USA

Next President To Inherit Deficit Of $500 Billion

9-10-2008 • Washington Post

A weak economy and a sharp increase in government spending will drive the federal budget deficit to a near-record $407 billion when the budget year ends later this month, and the next president is likely to face a shortfall in January of well over $5

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Reported By Powell Gammill

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