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  Budget Deficit
Last updated: 20:09:38 Saturday Nov 14, 2009


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Budget Deficit



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  • France cornered amid EU deficits charge
    BRUSSELS (AFP) - France was cornered among Europe's big guns on Tuesday as it sought to avert a public slap from the European Union this week over ballooning deficit levels.   Nations:France Estonia Luxembourg Denmark Bulgaria Finland   Source:(AFP)   2009-11-10

    For Americans, deficit pain is felt close to home
    MIAMI (Reuters) - Christopher O'Neill is worried about the deficit. The deficit, that is, in his personal income after the 26-year-old Miami finance analyst was forced to find a temporary job paying $20,000 a year less than he earned until January when he was laid off from his auditor's post in Miami.   Nations:U.S. India   People:Barack Obama   Activities:2008 U.S. Recession   Source:(Reuters)   2009-11-04

    Federal deficit hits all-time high $1.42 trillion
    WASHINGTON - The federal budget deficit has surged to an all-time high of $1.42 trillion as the recession caused tax revenues to plunge while the government was spending massive amounts to stabilize the financial system and jump-start the economy.   People:Barack Obama   Activities:Obama Admin. 2008 U.S. Recession   Source:(AP)   2009-10-16

    Sagging consumer view tempers output optimism
    NEW YORK (Reuters) - U.S. consumer sentiment fell unexpectedly this month, tempering optimism inspired by news of a rise in U.S. industrial production in September for a third consecutive month.   Activities:2008 U.S. Recession   2009-10-16

    Obama seeks G-20 support to repair global economy
    WASHINGTON - President Barack Obama says he is determined to go after the "reckless risk-taking" that pushed the global economy into the worst financial crisis since the 1930s, and he is also pushing for countries to promote more balanced growth going forward.   Nations:U.S. China   People:Timothy Geithner Nicolas Sarkozy Gordon Brown Angela Merkel Barack Obama   Activities:Obama Admin.   2009-09-22

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