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2010 budget deficit
(Image from article: "Obama's 2010 budget: deficit soars amid job spending")

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Obama's 2010 budget: deficit soars amid job spending

Obama's 2010 budget: deficit soars amid job spending

President Barack Obama pledged on Monday to halve a record 2010 budget deficit by the end of his first term in office, but made tackling double-digit unemployment his immediate priority with a spending plan that risked public ire and a rough battle in Congress.

 

U.S. Deficit to Reach $1.35 Trillion

Congressional experts pegged the 2010 budget deficit at $1.35 trillion, a slight improvement from the $1.38 trillion estimate in August, but the overall picture of the government's finances remains bleak.

 

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