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Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?budget deficits posts
FeedThe federal budget year ended in October. The October deficit number set a record of $176.4 billion, which was higher than the $150 billion economists had predicted.
For the budget year 2009, the deficit reached $1.42 trillion. That too was an all-time record. This year's deficit was $958 billion above the 2008 deficit. October was the 13th straight month to show a deficit.
Continue reading Federal deficit sets October record of $176.4 billion
Have you wondered why we don't see more job growth under the economic stimulus program? One reason is that states are using half of $8.8 billion dollars to plug budget deficits. In all, the Department of Education is disbursing $56.6 billion to the states with few requirements as to how the money is spent.
Here's a breakdown of some of the projects being funded:
Continue reading States are grabbing stimulus money to plug budget deficits
Find out why more people track their portfolios on AOL Money & Finance then anywhere else.
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