Contact FreedomWorks

111 K Street NE
Suite 600
Washington, DC 20002

  • Toll Free 1.888.564.6273
  • Local 202.783.3870
LISTEN NOWThe Freedom Files Podcast Episode 49: Project Arizona Part 5Listen Here
Higher Deficits Announced

Higher Deficits Announced

Today the White House raised its budget deficit forecast for this fiscal year ending Sept. 30 by $89 billion and forecasts an additional $87 billion deficit in 2010 over previous estimates.  The new 2009 deficit number weighs in at $1.84 trillion--the largest in American history.  The deficit alone amounts to about 12.9 percent of our economic output this year.