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Thread: US to hike 10-year deficit forecast to nine trillion dollars

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    US to hike 10-year deficit forecast to nine trillion dollars



    (AFP) 11 hours ago
    WASHINGTON US President Barack Obama's administration will raise its 10-year budget deficit forecast to about nine trillion dollars, up about two trillion from the previous forecast, a US official said Friday.


    The 2010-2019 projection, due out in a report expected next week, will supercede the previous forecast of about 7.1 trillion dollars, according to an official with the White House's Office of Management and Budget.


    The OMB official requested anonymity.
    ARTICLE: AFP: US to hike 10-year deficit forecast to nine trillion dollars

    Isn't it interesting how this "leaked" out on a Friday, as the President left on vacation?
    Last edited by Oftencold; 08-22-09 at 06:31 AM.
    Quod scripsi, scripsi

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