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Politics : Politics for Pros- moderated

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From: LindyBill8/22/2009 12:26:21 AM
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Acknowledging deficit reality

By Betsy Newmark

For the first half of this year, the Obama administration had been sticking to their original optimistic deficit projections. Now, late on a Friday, they've released their new 10-year deficit projections.The Obama administration will raise its 10-year budget deficit projection to approximately $9 trillion from $7.108 trillion in a report next week, a senior administration official told Reuters
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