Newsback - Deficit Hits $455 Billion, Highest Percent Since 04

Deficit Hits $455 Billion, Highest Percent Since 04

by NewsRain (Posted 10-15-2008 10:01 PM) [View Discussion | Join Discussion | Rate Thread ]

The federal budget deficit rose to $455 billion in the fiscal year that ended Sept. 30 as financial market strains slowed economic growth while spending rose the most since 1990.

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