Description

US President Barack Obama proposes a 2009/10 budget of US$3.6 trillion, with a US$1.75 trillion deficit, the highest ever, amounting to a 12.3 percent share of the economy, the largest since 1945. Planned spending includes US$200 billion fighting in Iraq and Afghanistan

Location

United States

Rate

Important (6)

Sphere

Economics & Agrocaltures

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