record budget

Next president to inherit record budget deficit (AP)

Ytop stories  Mon, 07/28/2008 - 12:40pm

U.S.<br /><br />President George W. Bush pauses during remarks on his freedom agenda at the Ronald Reagan Building in Washington July 24, 2008.<br /><br />REUTERS/Jason ReedAP - The White House says the slowdown in the economy is chiefly responsible for a big jump in next year's budget deficit.



 

Record deficit for next president

BBC Finance  Mon, 07/28/2008 - 10:18am

The next US president is expected to face a record budget deficit of nearly half a trillion dollars in 2009.