Deficit Rises, and the Consensus Is to Let It Grow

-New York Times

Like water rushing over a river's banks, the U.S. government's rapidly mounting expenses are overwhelming the federal budget and increasing an already swollen deficit...But the extra spending, a sore point in normal times, has been widely accepted on both sides of the political aisle as necessary to salvage the banking system and avert another Great Depression.

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RON PAUL NEWS
Oct 16: U.S. deficit could hit $1 trillion
Oct 15: Record deficit bigger than expected: $455 billion