Quote:
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WASHINGTON, March 20 (Reuters) - U.S. congressional budget experts on Friday offered a darker economic and budget outlook, projecting a breathtaking $1.8 trillion deficit this year, which could complicate President Barack Obama's efforts to win passage of his $3.55 trillion budget for 2010.
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http://www.reuters.com/article/bonds...49806720090320
Wow.
3x increase? Wasn't the last budget deficit under Bush around $400 billion?
Absolutely insane.