Deficit topping $1 trillion: Obama

Posted: Thursday, Jan 08, 2009 at 2234 hrs IST
Updated: Thursday, Jan 08, 2009 at 2234 hrs IST

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Job loss pain crosses boundaries, sectors All that Goldman Sachs outsiders don’t get

Washington: House budget director, Peter Orszag, was forecasting that the budget deficit would likely approach $1 trillion "before we've even started" and that more deficits could be coming in years ahead.

—Reuters...

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Deficit topping $1 trillion: Obama

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