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01-27-2010, 04:41 PM #1
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CBO:Obama's First Two Years Will Boast Two Biggest Deficits
Obama’s First Two Years Will Boast Two Biggest Deficits Since World War II, Says CBO
Tuesday, January 26, 2010
By Terence P. Jeffrey, Editor-in-Chief
(CNSNews.com) - President Barack Obama’s first two years in office will boast the two biggest annual federal budget deficits since World War II, when measured as a share of GDP, says the Congressional Budget Office.
“Last year’s deficit was the largest as a share of GDP since the end of World War II, and the deficit expected for 2010 would be the second largest,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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