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Old October 16th, 2009 #6
Alex Linder
Join Date: Nov 2003
Posts: 45,414
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Alex Linder

Federal Deficit Soars to a Record $1.4 Trillion

By Lori Montgomery and Neil Irwin
Washington Post Staff Writers
Friday, October 16, 2009; 7:44 PM

The federal budget deficit soared to a record $1.4 trillion in the fiscal year that ended in September, a chasm of red ink unequaled in the post-war era that threatens to complicate the most ambitious goals of the Obama administration, including plans for fresh spending to create jobs and spur economic recovery.