Relevant:
- Budget deficit moves closer to $1 trillion mark
- CBO's Revised Budget Sees 2011 Deficit Rising By $500 Billion To $1.5 Trillion; $4 Trillion In Deficit Through 2013 Guarantees QE3+
- October budget deficit hits record of $237.2B
- Federal budget deficit sets March record $192.3B
- U.S. Gov's Budget Deficit Overshoots by 100%; Trillion-Dollar Deficits Expected Indefinitely
2009-04-04 — gold-prices.biz
"On March 20, 2009, the bipartisan Congressional Budget Office (CBO) released its latest forecast in an effort to take into account the impact of the recently released Obama budget. The verdict? A whopping $1.8 trillion deficit for 2009, approximately four times larger than the all-time record established in 2008 ($455 billion).
The concerns raised by this latest forecast are many:"
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