ABC: Actual budget deficit nearly $600 billion

By David Edwards
Tuesday, July 29, 2008 9:44 EDT
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On Monday, a White House report showed that the U.S. budget deficit would balloon to 482 million in 2009. ABC’s Claire Shipman reported that the actual deficit is closer to $600 billion when war, unemployment costs, medicare fees, and the new housing bill is included.

This video is from ABC’s Good Morning America, broadcast July 29, 2008.

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David Edwards
David Edwards
David Edwards has served as an editor at Raw Story since 2006. His work can also be found at Crooks & Liars, and he's also been published at The BRAD BLOG. He came to Raw Story after working as a network manager for the state of North Carolina and as as engineer developing enterprise resource planning software. Follow him on Twitter at @DavidEdwards.
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