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Senate Democrat budget plan has $400-600 billion deficits

Started by riky, March 14, 2013, 08:00:15 AM

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riky

Senate Democrat budget plan has $400-600 billion deficits

<p><a href="http://news.yahoo.com/liberal-democrats-fear-obama-may-away-too-much-172410257--business.html"><img src="http://l1.yimg.com/bt/api/res/1.2/5r0rvoScJjNaboFq_ek9JQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-03-13T230459Z_1_CBRE92C1LZA00_RTROPTP_2_USA-FISCAL.JPG" width="130" height="86" alt="Senate Budget Committee chair Murray holds up a copy of a federal employees' Worker Adjustment and Retraining Notification in Washington" align="left" title="Senate Budget Committee chair Murray holds up a copy of a federal employees' Worker Adjustment and Retraining Notification in Washington" border="0" /></a>By David Lawder WASHINGTON (Reuters) - Annual deficits under a new plan from Senate Democrats would be in the $400-600 billion range for much of the next decade, a level they say would allow stronger near-term job growth than Republicans' balanced-budget vision. Full details of the plan released by Senate Budget Committee Chairwoman Patty Murray on Wednesday showed that deficits would average 2.4 percent of U.S. economic output through 2023, a rate many economists view as sustainable. ...</p><br clear="all"/>

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