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Deficit to hit new high in FY2011, says CBO

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$1.5 trillion.


Let’s look on the bright side: it’s another first for the Obama administration!  Better yet, it’s the last accomplishment of the Democratic Congress, which proved so inept on budgeting that they couldn’t actually pass the FY2011 plan with large majorities in both chambers and a friendly President in the White House.  The Washington Post reports [...]

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