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Obama Has Lots Of Money

By: killthecat in FFFT | Recommend this post (0)
Tue, 13 Mar 12 7:41 AM | 65 view(s)
Boardmark this board | Food For Further Thought 		Msg. 39621 of 65535
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The Treasury Department said Monday that the deficit grew by $232 billion in February. That increased the imbalance through the first five months of the budget year to $581 billion, or 9 percent less than the same period in fiscal 2011.

The Obama administration expects the deficit will reach $1.3 trillion when the budget year ends on Sept. 30. That would nearly match last year’s gap. The government ran a record deficit of $1.41 trillion in 2009 and a $1.29 trillion gap in 2010.

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