Bad news again! The US budget deficit forecast is set to rise by $89 billion. The culprits are high unemployment claims and corporate bailouts. The new total is coming in at $1.84 trillion, up from a previous forecast of $1.75 trillion. This represents 12.9% of GDP.
With the recession in full press, federal receipts are falling, adding more pressure to the deficit targets. Going forward into 2010, the price tag is for a deficit of $3.59 trillion.
Walmart's New Health Food Push: Is It Too Hard to Swallow?
Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger

