Sunday, January 04, 2009

U.S. Debt Set to Jump $2 trillion This Year Due To Spending

With President-elect Barack Obama and congressional Democrats considering a massive spending package aimed at pulling the nation out of recession, the national debt is projected to jump by as much as $2 trillion this year, an unprecedented increase that could test the world's appetite for financing U.S. government spending.

read more | digg story

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