Wednesday, 10 August 2011

Federal deficit tops $1T for 3rd straight year

WASHINGTON (AP) -- The United States' budget deficit has topped $1 trillion for a third straight year, adding pressure on Congress and the White House to make more progress on a long-term plan to shrink the growing imbalance. The Treasury Department said Wednesday that the deficit through July ...


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  • Bruce Bartlett: How Will the Debt Limit “Game of Chicken” End?, by Bruce Bartlett : It appears that Republicans are determined to hold the nation’s credit rating hostage ...

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