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Spending Surge On Financial System Pushing Deficit Towards $1 Trillion

Posted by zaibatsu 399 days ago, popular 398 days ago (http://www.huffingtonpost.com)
Category: Economy | Tags: bailout deficit economy
Congressional leaders and both presidential candidates are proposing billions of dollars in tax breaks and other measures to stoke economic growth, a surge in spending that could send the federal deficit soaring toward $1 trillion this year, creating the deepest well of red ink since the end of World War II.
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