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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (201660)5/11/2009 5:41:39 PM
From: The ReaperRead Replies (1) of 306849
 
<As the economy performs worse than expected, the deficit for the 2010 budget year beginning in October will worsen by $87 billion to $1.3 trillion, the White House says. The deterioration reflects lower tax revenues and higher costs for bank failures, unemployment benefits and food stamps.>

What's up with that? Team Obama promised us they would have the deficit cut in half by FY2012.
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