News on federal deficit likely to be used against Obama's agenda
A wave of bleak news about the stagnant economy, led by a projection that the federal deficit will grow by $9 trillion over the next decade, has given opponents of President Obama's expansive domestic agenda a new opening to attack his proposed healthcare and energy overhauls. As part of its fiscal midyear review, the Obama administration said the new deficit estimate is $2 trillion more than it had projected in February when its budget initially was outlined.
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