Congressional Budget Office Projects 10 year Deficit of $2,400 Billion: "Federal deficits will total nearly $2.4 trillion over the next decade, the Congressional Budget Office projected Monday, a worsening of nearly $1 trillion since its last forecast in last August.
According to numbers obtained by The Associated Press, Congress' nonpartisan fiscal analyst also projected that the red ink would hit a record $477 billion this year."
- posted by geoff @ #