White House Predicts Record $1.47 Trillion Deficit

New estimates from the White House on Friday predict the budget deficit will reach a record $1.47 trillion this year. The government is borrowing 41 cents of every dollar it spends.

http://www.npr.org/templates/story/story.php?storyId=128725212&ft=1&f=1001


From Information Clearing House

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The Budget Deficit Chicken Hawks

Dean Baker, Truthout: "Most people are familiar with the concept of 'chicken hawks.' Chicken hawks are the politicians who are anxious to send other people to risk their lives in war, but somehow managed to avoid service when they had the opportunity to fight themselves. Former Vice-President Dick Cheney and former President George W. Bush are the leading members of the chicken hawk society."

http://www.truth-out.org/the-budget-deficit-chicken-hawks61704



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