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英语报刊期刊荟萃 英语报刊期刊荟萃 9626阅读达人

Breaking News: White House predicts record $1.47 trillion deficit

豆瓣ing 2010-07-24
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News Alert: White House predicts record $1.47 trillion deficit03:07 PM EDT Friday, July 23, 2010
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The federal budget deficit, which hit a record $1.4 trillion last year, will exceed that figure in 2010 and 2011, according to a White House forecast released Friday. The $1.47 trillion budget gap predicted for 2010 represents a slight improvement over the administration's February forecast, but the outlook for 2011 has darkened considerably, primarily due to a drop in expected tax receipts.


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