Entries in Budget Deficit (1)

Sunday
Jan312010

Deficit Spending A la Obama

The Candidate:

The President:

Federal Deficit as a Percentage of GDP, Barack Obama -7.3%.

The White House will predict a $1.6 trillion U.S. budget deficit in the 2010 fiscal year, a fresh record and the biggest since World War Two as a share of the economy, a congressional source told Reuters on Sunday.