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Archive Home > 2009 > May > 12 > Budget gap revised to top $1.8T

Budget gap revised to top $1.8T

New figures cast doubt on Obama’s long-term goals for reducing the deficit

By Jackie Calmes / The Bulletin
May 12, 2009

WASHINGTON — President Barack Obama has lately begun pointing to optimistic signs for the economy, but the continuing crisis still bedevils his budget projections and his domestic agenda.

The administration, in final budget and tax details released Monday, disclosed a double wallop of....

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