Archive for August 21st, 2010
China Business – U.S. budget deficit to exceed 1.3 trillion dollars in 2010: CBO
Saturday, August 21st, 2010WASHINGTON, Aug. 19 (Xinhua) — The U.S. federal budget deficit will exceed 1.3 trillion dollars in fiscal year 2010, the second largest shortfall in 65 years, just below the 2009 level, the U.S. Congressional Budget Office (CBO) said on Thursday. The U.S. budget gap is expected to be about 1.34 trillion dollars for the year [...]