President Obama’s rallying cry for Americans to pull together quickly unravelled today as government economists revealed the biggest budget gap in U.S. history. The weak economy and a new round of tax cuts will push up the U.S. deficit this year to almost $1.5 trillion, according to the Congressional Budget Office. At 9.8% of the country’s entire gross domestic product, the staggering amount of debt is one of the largest as a share of the US economy since World War Two.
Comment on Obama's cry not enough to halt economic slump
digg.com: Top News, Digg
Thu, 01/27/2011 - 3:37am
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more