Obama budget sees soaring deficit

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IN THE FIELD: US President Barack Obama's proposed budget, unveiled on Thursday, anticipates an economic contraction of 1.2% in 2009, though his projections were more optimistic than those of the Congressional Budget Office.

Category: News
Uploaded: February 27th, 2009 @ 11:49 am
Author: france24english

Length: 01:59
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Tags: france 24 barack obama budget administration congress president relaunch plan deficit white house economic financial crisis

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