Published May 12, 2009, 08:09 AM
WASHINGTON — The government will have to borrow nearly 50 cents for every dollar it spends this year, exploding the record federal deficit past $1.8 trillion under new White House estimates. Budget office figures released Monday would add $89 billion to the 2009 red ink.
Administration will borrow 46 cents for every dollar it takes to run government
Minnesota NewsWASHINGTON — The government will have to borrow nearly 50 cents for every dollar it spends this year, exploding the record federal deficit past $1.8 trillion under new White House estimates. Budget office figures released Monday would add $89 billion to the 2009 red ink.
By: Andrew Taylor, Forum Communications Co.
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