$100 Billion Increase in Deficit Is Forecast
Activer le mode zenJackie Calmes
"WASHINGTON The additional tax cuts and public works spending that President Obama has proposed to spur job creation would add $100 billion to this year's deficit, bringing it to nearly $1.6 trillion, according to an administration official.
"A deficit of that size for the fiscal year that ends Sept. 30 would be about $150 billion greater than last year's deficit, which was the highest since World War II.
"Measured against the size of the economy, a $1.6 trillion shortfall would equal almost 11 percent of the gross domestic product. Economists generally consider annual deficits above 3 percent to be unsustainable."
Pour citer cette ressource :
$100 Billion Increase in Deficit Is Forecast, La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), janvier 2010. Consulté le 16/05/2025. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/100-billion-increase-in-deficit-is-forecast
