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Forecast for 2010 Federal Budget Deficit

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Research what is the FORECAST for the Federal Budget Deficit for fiscal year 2010. What are the economic implications of the Government running a deficit year after year? What Government agencies have the largest allocations from the Federal Budget in 2010? What is the total current NATIONAL DEBT?
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Research what is the FORECAST for the Federal Budget Deficit for fiscal year 2010. What are the economic implications of the Government running a deficit year after year? What Government agencies have the largest allocations from the Federal Budget in 2010? What is the total current NATIONAL DEBT?

The forecast for the Federal Budget Deficit for the fiscal year 2010 is $1.17 trillion (according to http://www.whitehouse.gov/omb/assets/fy2010_new_era/A_New_Era_of_Responsibility2.pdf)

The implication for the government running a deficit year after year is the government creates more jobs. It also means that there are several countries willing to loan money to the US. The government has the objective of spending more money to stimulate the economy. However, the implications for the government are that as the ...

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Hatim Baxamusa, MBA
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  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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