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federal_deficit_surges_to_record_usd413_billion
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14 Oct 2004
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1 hour, 27 minutes ago
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somebody
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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.
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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"
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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
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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
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OOps... * Monthly federal deficit * More than $60 billion in September, October, November, ...
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Why Not
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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
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* a_Point_in_time - Oct. 23 2004 * United_States_hits_debt_limit_USD_'7_4'_trillion
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a "point"
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To_be_precise: * a_Point_in_time - Oct. 13 2004 * United_States_hits_debt_limit_USD_'7_4'_trillion
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what's it to you?
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blather
from
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