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It's record time...
....for deficits.
WASHINGTON (CNN) -- The White House on Monday predicted a record deficit of $490 billion for the 2009 budget year, a senior government official told CNN. The White House blames a faltering economy and the stimulus package for the increased budget deficit. The White House blames a faltering economy and the stimulus package for the increased budget deficit. The deficit would amount to roughly 3.5 percent of the nation's $14 trillion economy. - - - George W. Bush, the most incompetent and fiscally irresponsible president in U.S. history. |
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