Deficit Seen Near Record $490B in Fiscal 2009

July 27, 2008

The Bush administration on Monday plans to project the budget deficit will soar to a new record of nearly half a trillion dollars in fiscal 2009 as the economic outlook darkens and Americans elect a new president.

*For more on this story,

read the full Reuters article.

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Deficit Seen Near Record $490B in Fiscal 2009

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