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Obama to unveil $3.8T budget with massive deficits (AP)


Ron Burgundy
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Much of the spending surge over the past two years reflects the cost of the $787 billion economic stimulus measure that Congress passed in February 2009 to deal with the worst economic downturn since the Great Depression. The surge in the deficits reflects not only the increased spending but also a big drop in tax revenues, reflecting the 7.2 million people who have lost jobs since the recession began and weaker corporate tax receipts.

 

 

 

 

Write me a check too fucker (excuse me for typing that word, if not sorry)

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