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June 30, 2010
CBO: Deficit To Reach 62% This Year; But Don't Fear, It Will Stabilize At 67%
Actually it could go to 90% if current spending levels are maintained (plus inflation) and the Bush tax cuts are extended.
Hm, I wonder, I do wonder, which of those two Obama will choose to abandon.
By contrast, GDP has averaged "a little above" 36 percent per year over the past 40 years.