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Obama Raises 2010 Deficit Estimate to $1.5 Trillion


Aug. 25 (Bloomberg) -- U.S. unemployment will surge to 10 percent this year and the budget deficit will widen to $1.5 trillion next year, reflecting a “deeper recession” than previously expected, White House budget chief Peter Orszag said.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aNaqecavD9ek

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