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2009 budget deficit is estimated at $1.2 trillion

2009 budget deficit is estimated at $1.2 trillion

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Old 01-07-2009, 09:31 AM   #1
Fabulous!
 
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2009 budget deficit is estimated at $1.2 trillion
http://hosted.ap.org/dynamic/stories...l&SECTION=HOME

It's sad.

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Old 01-07-2009, 09:36 AM   #2
so much
 
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Holy ****. That's nearly three times what they had been predicting, which would have already been a record number.
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Old 01-07-2009, 09:58 AM   #3
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I'm gonna assume this was supposed to be in Current Events?

Moved.
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Old 01-13-2009, 03:21 PM   #4
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http://www.thestreet.com/story/10457...ml?puc=_tscrss

Looks like we are on track.
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Old 01-13-2009, 03:26 PM   #5
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It's unfortunate but hardly surprising. We are attempting to spend our way out of a recession (and buy up every big company that went upsidedown). That costs a lot, and tax revenues will be down.
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