U.S. budget

U.S. Government Spending

March 4, 2010

President Obama has been criticized for overseeing a big additional rise of the government deficit.  The recession, not discretionary policy change, is the primary factor behind the advancing fiscal shortfall.  During economic downturns, tax revenues automatically shrink, and many expenditures such as unemployment insurance payments increase as the number of claimants climbs.  Claims peaked near […] More

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