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Default 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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