federal_deficit_surges_to_record_usd413_billion
14 Oct 2004
1 hour, 27 minutes ago
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somebody WASHINGTON - The federal deficit surged to a record $413 billion in 2004, the Treasury Department announced Thursday, injecting the figure into a presidential campaign in which the two parties have clashed over President Bush"'s management of the economy and the budget.

http://story.news.yahoo.com/news?tmpl=story&cid=542&ncid=718&e=1&u=/ap/20041015/ap_on_go_ca_st_pe/budget_deficit
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U.S. With inflation filtered out, the
$413 billion shortfall was the worst since World War II.

The government's 2004 budget year ran through Sept. 30.
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a "point" Trade Deficit Soars; Jobless Claims Rise

AP - Thu Oct 14, 9:17 PM ET

http://story.news.yahoo.com/news?tmpl=story&u=/ap/economy

"the number of Americans filing new claims for unemployment benefits rose by 15,000 last week to a seasonally adjusted level of 352,000. The four-week moving average of claims, which smooths out weekly changes, rose by 4,000 to a seven-month high of 352,000."
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An "amazing" newslink http://story.news.yahoo.com/news?tmpl=story&u=/041014/480/nyet25110141907

The U.S. trade deficit, the difference between the values of imports and exports,
surged to $54 billion in August,
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Prediction OOps...

* Monthly federal deficit *

More than $60 billion in September, October, November, ...
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Why Not Analysts said the bad news on trade will only get worse in coming months given that oil prices have continued to soar, with crude oil hitting a new record of $54.76 per barrel Thursday.

"The skyrocketing oil prices are sucking the wind out of the economy," said Joel Naroff, chief economist at Naroff Economic Advisors.

"And the worst_is_yet_to_come."

?
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. iLink: Oil_prices &

flu_vaccine_'USD_100'_a_shot
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13 Oct 2004 * a_Point_in_time - Oct. 23 2004 *

United_States_hits_debt_limit_USD_'7_4'_trillion
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a "point" To_be_precise:

* a_Point_in_time - Oct. 13 2004 *

United_States_hits_debt_limit_USD_'7_4'_trillion
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