Records, Budget | featured news

Deficit Hits Record $430.6 Billion Through January

The federal deficit through the first four months of the budget year is running at a record-breaking pace even though the deficit in January was slightly smaller than expected.

 

Budget proposal predicts a $1.6 trillion deficit

Budget proposal predicts a $1.6 trillion deficit

Administration estimates record-setting amount will drop to $1.3 trillion in 2011; Obama's proposed $3.8 trillion budget focuses on economy.

 

Obama unveils $3.55-trillion budget plan

Obama unveils $3.55-trillion budget plan

The president's outline of his proposal boosts federal spending to a record level.

 

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