Pres. Obama Re-Caps the Week in Economics
July 24, 2010
by
PaulM
Posted in Lowell, Politics, Current Events, Election 2010, History
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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.