Archive for July 28th, 2008
White House Projects Record Deficit for 2009
(We colored portions below for emphasis.)
WASHINGTON (CNN) — The White House on Monday predicted a record deficit of $490 billion for the 2009 budget year, a senior government official told CNN.
The deficit would amount to roughly 3.5 percent of the nation’s $14 trillion economy.
The official pointed to a faltering [...]


