WASHINGTON (AP) -- President Barack Obama's proposed budget predicts the national deficit will crest at a record-breaking almost $1.6 trillion in the current fiscal year, then start to recede in 2011 to just below $1.3 trillion....
By ANDREW TAYLOR and MARTIN CRUTSINGER, Associated Press
Sun, 01/31/2010 - 5:03pm
WASHINGTON (AP) -- President Barack Obama's proposed budget predicts the national deficit will crest at a record-breaking almost $1.6 trillion in the current fiscal year, then start to recede in 2011 to just below $1.3 trillion....