Budget Deficit, U.s. Deficit | featured news

A gloomier U.S. budget forecast

Congressional Budget Office predicts long-term deficits vastly exceeding White House estimates.

 

Obama says deficit could jeopardize recovery

Obama says deficit could jeopardize recovery

President Barack Obama renewed his pledge on Saturday to make job creation his top priority in 2010 but said it was also critical to rein in a record budget deficit that threatened economic recovery.

 

U.S. Deficit to Reach $1.35 Trillion

Congressional experts pegged the 2010 budget deficit at $1.35 trillion, a slight improvement from the $1.38 trillion estimate in August, but the overall picture of the government's finances remains bleak.

 

US deficit 'hits record $1.4tn'

US deficit 'hits record $1.4tn'

The US budget deficit more than tripled to a record $1.4 trillion in the year to 30 September, the US Congress estimates.

 

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