Navigator News (Coverage Ranks) Politics58666 Finance18 Budget Deficit 102 Budget Deficit Related People George W. Bush 10 Nancy Pelosi 7 John Boehner 6 Ben Bernanke 6 Henry Paulson 4 Barack Obama 4 Bill Clinton 4 Charles Grassley 4 John McCain 3 Hillary Clinton 3 Hu Jintao 3 Kent Conrad 3 Dick Cheney 2 Nicolas Sarkozy 2 Steny Hoyer 2 Mitt Romney 2 Alan Greenspan 2 John Edwards 2 Arnold Schwarzenegger 2 Christopher Dodd 1 Al Gore 1 Tony Blair 1 Wen Jiabao 1 Ted Stevens 1 Patrick Leahy 1 Events Bush Admin. 30 American Markets 8 U.S. Markets 8 Second Gulf War 5 Group of Eight 5 US Election 2008 4 2006 U.S. Midterm Election 3 2005 Hurricane Katrina 3 2003 Bush Tax Cuts 3 2008 U.S. Recession 2 Global Financial Crisis 2 110th Congress 2 2005 Delta Bankruptcy 2 Iran Nuclear Crisis 2 China-U.S. Trade Ties 2 China-U.S. 2 2008 U.S. Financial Rescue 1 France Sarkozy Admin. 1 2006 Foley Sex Scandal 1 2006 Hu Jintao U.S. Trip 1 Gulf War Coalition Forces 1 Chinese Currency Dispute 1 Fighting in Iraq 1 China Hu Jintao Admin. 1

Budget deficit hits record; jobless claims surge WASHINGTON - The nation's financial picture grew darker Thursday, a day marked by breathtaking numbers: a quarter-trillion-dollar budget deficit for a single month and projections of up to $1 trillion for a year, a half-million new applications for unemployment benefits and a 900-point swing on Wall Street.   Nations:India Brazil U.S. Russia   People:Christopher Dodd Barack Obama George W. Bush   Activities:2008 U.S. Recession U.S. Markets   2008-11-13 October budget deficit hits record of $237.2B WASHINGTON - The federal government began the new budget year with a record deficit of $237.2 billion, reflecting the billions of dollars the government has started to pay out to rescue the financial system.   Nations:U.S.   People:Barack Obama   Source:(AP)   2008-11-13 Treasury predicts huge government borrowing needs WASHINGTON - The financial rescue operation will force the federal government to borrow an unprecedented amount of money as the budget deficit climbs to record heights, a top Treasury Department official said Tuesday.   Activities:2008 U.S. Financial Rescue Bush Admin.   Source:(AP)   2008-10-28 US stares at a $1 trillion deficit. How bad is that? The US government's extraordinary effort to rescue the banking system may have pulled America's economy back from the brink, but it comes at a cost - helping to push an already bloated deficit up to an estimated $1 trillion for this fiscal year.   Nations:U.S. Afghanistan   Activities:Bush Admin.   2008-10-16 Budget deficit in 2008 surges to all-time high The federal budget deficit soared to $454.8 billion in 2008 as a housing collapse and efforts to combat the economic slowdown pushed the tide of government red ink to the highest level in history.   Nations:Afghanistan   People:Kent Conrad Henry Paulson   Activities:Bush Admin. 2005 Hurricane Katrina   Source:(AP)   2008-10-14 Headlines Budget deficit hits record; jobless claims surge 2008-11-13 October budget deficit hits record of $237.2B 2008-11-13 Treasury predicts huge government borrowing needs 2008-10-28 US stares at a $1 trillion deficit. How bad is that? 2008-10-16 Budget deficit in 2008 surges to all-time high 2008-10-14 Sour economy top issue in US presidential race 2008-08-17 Government announces plans to borrow $27 billion 2008-07-30 Eurozone under pressure to improve public finances 2008-05-13 France tries to make figures add up in attack on chronic deficits 2008-04-08 Feb budget gap balloons to record $175.56 bln 2008-03-12 War hits U.S. economy, stalls recovery: Nobel winner 2008-03-03 Governors deal with tough budget times 2008-02-24 Budget deficit running at faster pace 2008-02-12 Bush unveils $3 trillion spending plan 2008-02-04 Bush budget would bring record deficits 2008-02-04 Official: Bush's 2009 budget to be tight 2008-02-01 Bush 2009 budget to freeze many programs 2008-01-31 Poll: Big expectations for new president 2008-01-31 Rising budget deficit may add to Republican woes 2008-01-31 CBO sees $250B federal budget deficit 2008-01-23 Analysis: All on board for stimulus? 2008-01-17 Free-trade fears dog both parties in U.S. campaign 2007-12-13 Inflation gauge ticks up as trade gap narrows 2007-08-14 Federal deficit down to $157.3 billion 2007-08-11 Federal deficit down, June posts surplus 2007-07-12 Sarkozy to move fast on economic reform after poll victory 2007-06-17 John Edwards' big ideas costly 2007-05-11 Yen in the firing line at eurozone finance ministers meet 2007-02-25 Trade gap sets record again in 2006 2007-02-13 War tax sought as Congress debates Bush budget 2007-02-06 France to leave EU's deficit doghouse at finance ministers' meet 2007-01-28 Lawmakers to debate 'pay as you go' rule 2007-01-05 Costs for Iraq war approach record: U.S. official 2006-12-19 Fair winds for world growth but dollar dangers emerge 2006-11-28 German deficit seen in line with EU rules, Italy getting closer 2006-11-06 Wall Street awaits election results 2006-11-05 Democrats warn debt could trigger crisis 2006-11-02 Scandal rocks Nevada governor's race 2006-10-31 Housing market a drag on economic growth 2006-10-27 Democrats favored amid uncertain economy 2006-10-16 U.S. federal deficit now lowest in 4 years 2006-10-11 US budget deficit reduced to 250 billion: CBO 2006-10-07 Opposition may slow U.S. trade deals 2006-09-02 Bernanke warns against protectionism 2006-08-25 Bush: US deficit will be halved ahead of 2009 goal 2006-08-19 Energy, health costs mask strong US economy: Paulson 2006-08-18 CBO sees $1.76 trillion deficit ahead 2006-08-18 US budget deficit to fall to 260 billion dollars: CBO 2006-08-17 Investors want Fed to pause - now 2006-08-05 Matches Shown: | 1-50 | 51-100 Most-viewed US stares at a $1 trillion deficit. How bad is that? 2008-10-16 Treasury predicts huge government borrowing needs 2008-10-28 Free-trade fears dog both parties in U.S. campaign 2007-12-13 John Edwards' big ideas costly 2007-05-11 Democrats favored amid uncertain economy 2006-10-16 Watchful and Wary: China's Hu Visits Bush 2006-04-16 Budget deficit in 2008 surges to all-time high 2008-10-14 Sour economy top issue in US presidential race 2008-08-17 Government announces plans to borrow $27 billion 2008-07-30 Poll: Big expectations for new president 2008-01-31 Federal deficit down to $157.3 billion 2007-08-11 Yen in the firing line at eurozone finance ministers meet 2007-02-25 Costs for Iraq war approach record: U.S. official 2006-12-19 CBO sees $1.76 trillion deficit ahead 2006-08-18 Oil jitters may spell trouble for Wall St. 2006-06-04 Dow Ends Down 120, Nasdaq Ends Down 29 2006-05-12 Fed in focus as Dow flirts with record 2006-05-07

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