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IPFS News Link • Obama Administration

Record-High Deficit May Dash Obama's Plans

• Washington Post
The federal budget deficit soared to a record $1.4 trillion in the fiscal year that ended in September, a chasm of red ink unequaled in the postwar era that threatens to complicate the most ambitious goals of the Obama administration, including plans for fresh spending to create jobs and spur economic recovery.

2 Comments in Response to

Comment by Powell Gammill
Entered on:

Forgot to include the link:

http://www.nytimes.com/2009/10/17/us/17deficit.html?_r=1&hp

 

Comment by Powell Gammill
Entered on:

Gosh the NY Times has the same spin on te deficit story...how's that happen?  ;-) 



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