Daily Reminder: January 6, 2012
January 6, 2012 by Jeff Schreiber
Filed under Assigned Reading
President Barack Obama said, on this day in 2009, that “we’ve got trillion-dollar deficits for years to come, even with the economic recovery we’re working on.” How prescient he was. Obama’s budget deficit for 2009 was $1.41 trillion, while in 2010 it exceeded $1.5 trillion. According to a 2010 Congressional Budget Office report, during the [...]
