The Congressional Budget Office estimated Wednesday that the federal budget deficit this year will increase to $219 billion or 1.5 percent of gross domestic product - and even more if increased military funding is approved. And that doesn't count the cost of a stimulus plan.
Thursday, January 24, 2008
Juicing the economy has a grave cost: Inflation more debt
The Congressional Budget Office estimated Wednesday that the federal budget deficit this year will increase to $219 billion or 1.5 percent of gross domestic product - and even more if increased military funding is approved. And that doesn't count the cost of a stimulus plan.
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