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U. S. Federal Budget Deficit January 27, 2010

Posted by hslu in Economics, Politics.
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If you make $50,000 a year but spend $80,000 year in and year out, should you be concerned? Not to mention that you already owed $260,000 from previous spending sprees!

Well, you did say that the interest rates on your loans are very low though. It will remain low for the next year or so.

That’s what the U.S. government is doing now.

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