Middletown Forum : $1 Trillion Fed Deficit Projected http://www.middletownusa.com/forum/ This is an XML content feed of; Middletown Forum : News, Info and Happenings outside Middletown : $1 Trillion Fed Deficit Projected Mon, 05 Oct 2026 14:42:28 +0000 Wed, 26 Nov 2008 10:21:17 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 10.12 360 www.middletownusa.com/forum/RSS_post_feed.asp?TID=719 Middletown Forum http://middletownusa.com/images/blog-logo.jpg http://www.middletownusa.com/forum/ $1 Trillion Fed Deficit Projected : It will get worse than that if... http://www.middletownusa.com/forum/forum_posts.asp?TID=719&PID=2982&title=1-trillion-fed-deficit-projected#2982 Author: John Beagle
Subject: 719
Posted: Nov 26 2008 at 10:21am

It will get worse than that if we implement a new health care system.]]> Wed, 26 Nov 2008 10:21:17 +0000 http://www.middletownusa.com/forum/forum_posts.asp?TID=719&PID=2982&title=1-trillion-fed-deficit-projected#2982 $1 Trillion Fed Deficit Projected : The White House Office of Management... http://www.middletownusa.com/forum/forum_posts.asp?TID=719&PID=2968&title=1-trillion-fed-deficit-projected#2968 Author: Middletown News
Subject: 719
Posted: Nov 25 2008 at 3:16pm

The White House Office of Management and Budget in July estimated the 2009 deficit at $482 billion, but that doesn't take into account possible losses down the road from loans and investments made under the $700 billion financial rescue plan enacted in October or other efforts to bail out stricken financial institutions.
 
Borrowing adds to the national debt, the money the federal government owes to states, corporations, individuals and foreign countries such as China and Japan that buy U.S. Treasury notes, bonds and other debt instruments. The debt, which stood at about $5.7 trillion in 2007, topped the $10 trillion mark in October and now stands at about $10.6 trillion. 
]]> Tue, 25 Nov 2008 15:16:26 +0000 http://www.middletownusa.com/forum/forum_posts.asp?TID=719&PID=2968&title=1-trillion-fed-deficit-projected#2968