Budget Deficit Heading Towards $1.2 Trillion

The budget deficit will hit $1.2 trillion dollars, and Obama and his friends in Congress want to increase spending on useless programs that will not help the economy grow.

“The U.S. budget deficit will swell to a record $1.186 trillion in fiscal 2009 as the global recession saps the economy, congressional forecasters said on Wednesday, presenting a daunting challenge to President-elect Barack Obama who has said tough choices will be necessary.”

Democrats now have free reign to spend and spend without any challenge or accountability.

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