US politicians’ deficit to top $1 trillion for fourth year in a row

posted by
January 31, 2012
Washington Post    
Posted in News

"The federal budget deficit will top $1 trillion for a fourth straight year, congressional budget analysts said Tuesday in a report that predicts a nearly $1.1 trillion gap between government spending and tax collections for 2012. That figure is the smallest -- both in nominal terms and as a percentage of the economy -- since the Great Recession began taking a heavy toll on the federal budget in 2009." (01/31/12)  


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