DEFICIT RISES TO NEW HIGHS over $9 Trillion
By Jeff Mason
WASHINGTON (Reuters) - The Obama administration will raise its 10-year budget deficit projection to approximately $9 trillion from $7.108 trillion in a report next week, a senior administration official told Reuters on Friday....read more
21 Aug 2009
U.S. deficit poses potential systemic risk: Taylor
JACKSON HOLE, Wyoming (Reuters) - The U.S. budget deficit poses more of a potential risk to the financial system than the collapse in commercial real estate prices, an influential economist said on Friday. http://www.reuters.com/