- The Obama administration admitted that their estimated 10-year budget deficit was off by $2 trillion.
- The budget czar is Peter Orszag.
- President Obama reappoints Bernanke as Fed Chair.
- The 2009 budget deficit balloons to $1.6 trillion (3 times the 2008 deficit).
- We're drowning in a sea of red ink according to one national magazine.
Sunday, August 30, 2009
Catching up with financials
Labels:
Bernanke,
Budget,
deficit,
Federal Reserve,
miscellaneous,
Obama,
Orszag
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