Budget deficit to hit $1.2 trillion in FY2009
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20090107/2009_01_07t101319_450x319_us_usa_budget.jpg?x=130&y=92&q=85&sig=Q6ZXX3uPaXOMYH.TklnSWg--" align="left" height="92" width="130" alt="President Bush greets President-elect Barack Obama at the White House, November 10, 2008. (Joshua Roberts/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090107/bs_nm/us_usa_budget)Reuters - The U.S. budget deficit will swell to a record $1.186 trillion in fiscal 2009, congressional forecasters said on Wednesday, presenting President-elect Barack Obama with a daunting economic challenge.</p><br clear="all"/>
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