US deficit to soar towards $1.6tn
Fuelled by President Obama's $787bn stimulus package and reduced tax revenues due to the recession, it compares with a $455bn deficit in 2008.
https://news.bbc.co.uk/2/hi/business/8221207.stm
White House, CBO debt forecasts challenge Obama
The U.S. national debt will nearly double over the next 10 years, government forecasts showed Tuesday. The White House projected a cumulative $9 trillion deficit between 2010 and 2019
https://www.reuters.com/article/politicsNews/idUSTRE57M0WV20090825
Obama re-nominates Bernanke to stabilize markets
US President Barack Obama has nominated Ben Bernanke to head the US Federal Reserve for a second term despite oppositions that he failed to fend off the economic meltdown.
https://www.presstv.ir/detail.aspx?id=104449§ionid=3510203
From Information Clearing House
--------
White House: $9 trillion in new government debt over next decade
Longview News-Journal
08/25/09
In a chilling forecast, the White House is predicting a 10-year federal deficit of $9 trillion — more than the sum of all previous deficits since America’s founding. And it says by the next decade’s end the national debt will equal three-quarters of the entire U.S. economy. But before President Barack Obama can do much about it, he’ll have to weather recession aftershocks including unemployment that his advisers said Tuesday is still heading for 10 percent...
https://tinyurl.com/ls2vk5
Informant: Thomas L. Knapp
https://freepage.twoday.net/search?q=Obama
https://freepage.twoday.net/search?q=Bernanke
https://freepage.twoday.net/search?q=Federal+Reserve
https://freepage.twoday.net/search?q=US+deficit
https://freepage.twoday.net/search?q=federal+deficit
https://freepage.twoday.net/search?q=787
https://freepage.twoday.net/search?q=national+debt
https://freepage.twoday.net/search?q=economic+meltdown
https://freepage.twoday.net/search?q=US+economy
https://freepage.twoday.net/search?q=stimulus
https://freepage.twoday.net/search?q=recession
https://freepage.twoday.net/search?q=unemploy
https://news.bbc.co.uk/2/hi/business/8221207.stm
White House, CBO debt forecasts challenge Obama
The U.S. national debt will nearly double over the next 10 years, government forecasts showed Tuesday. The White House projected a cumulative $9 trillion deficit between 2010 and 2019
https://www.reuters.com/article/politicsNews/idUSTRE57M0WV20090825
Obama re-nominates Bernanke to stabilize markets
US President Barack Obama has nominated Ben Bernanke to head the US Federal Reserve for a second term despite oppositions that he failed to fend off the economic meltdown.
https://www.presstv.ir/detail.aspx?id=104449§ionid=3510203
From Information Clearing House
--------
White House: $9 trillion in new government debt over next decade
Longview News-Journal
08/25/09
In a chilling forecast, the White House is predicting a 10-year federal deficit of $9 trillion — more than the sum of all previous deficits since America’s founding. And it says by the next decade’s end the national debt will equal three-quarters of the entire U.S. economy. But before President Barack Obama can do much about it, he’ll have to weather recession aftershocks including unemployment that his advisers said Tuesday is still heading for 10 percent...
https://tinyurl.com/ls2vk5
Informant: Thomas L. Knapp
https://freepage.twoday.net/search?q=Obama
https://freepage.twoday.net/search?q=Bernanke
https://freepage.twoday.net/search?q=Federal+Reserve
https://freepage.twoday.net/search?q=US+deficit
https://freepage.twoday.net/search?q=federal+deficit
https://freepage.twoday.net/search?q=787
https://freepage.twoday.net/search?q=national+debt
https://freepage.twoday.net/search?q=economic+meltdown
https://freepage.twoday.net/search?q=US+economy
https://freepage.twoday.net/search?q=stimulus
https://freepage.twoday.net/search?q=recession
https://freepage.twoday.net/search?q=unemploy
rudkla - 26. Aug, 10:37
