Reuters: Budget deficit seen hitting $1.2 trillion

[chris]

Budget deficit seen hitting $1.2 trillion
      

WASHINGTON (Reuters) - The U.S. budget deficit will swell to a record $1.186 trillion in fiscal 2009, congressional forecasters plan to announce on Wednesday, presenting a daunting challenge to President-elect Barack Obama who has said tough choices will be necessary.<div class="feedflare">
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