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Federal tax receipts drop by $350 billion so far in 2009.

Publication: Manufacturing & Technology News
Publication Date: 28-AUG-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
The federal government is going deep into debt. During the first 10 months of its fiscal year 2009 ending in June, the federal budget deficit increased by $880 billion over the same period in 2008, to $1.3 trillion. "Outlays rose by almost $530 billion (or 21 percent), and revenues...



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