Sunday, 17 April 2011

Budget pact barely touches current-year deficit

House Speaker John Boehner of Ohio, speaks to reporters on Capitol Hill in Washington on Wednesday�about President Barack Obama's speech on the deficit and his plan for future spending.A new budget estimate released Wednesday shows that the spending bill negotiated between President Barack Obama and House Speaker John Boehner would produce less than 1 percent of the $38 billion in promised savings by the end of this budget year.


Source: http://www.msnbc.msn.com/id/42588564/ns/politics-capitol_hill/

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