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Re: Federal deficit exceeds $1 trillion for third straight year

Posted by Fred G on Wed Aug 10 18:00:07 2011, in response to Federal deficit exceeds $1 trillion for third straight year, posted by Olog-hai on Wed Aug 10 16:21:38 2011.

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The government last recorded a budget surplus in 2001, when revenues were $127 billion greater than spending. The surpluses were expected to total $5.6 trillion over the next decade.



your pal,
Fred



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