Pres. Obama Re-Caps the Week in Economics
July 24, 2010 by PaulM Posted in Current Events, Election 2010, History, Lowell, Politics Leave a Comment
The Associated Press reported on President Obama’s comments about making progress on the national economic front, including the new financial regulations law. He also called on Congress to send him a bill that is intended to assist small businesses through tax credits. Looming over these steps forward, however, was the White House forecast for a federal budget deficit exceeding $1.4 trillion for the coming fiscal year. Read the AP article here, and the deficit story from the Washington Post here.