Emergency Economic Stabilization Act of 2008 - Effects On National Debt

Effects On National Debt

The United States annual budget deficit for fiscal year 2009 surpassed $1 trillion. The original Paulson proposal would lift the United States federal debt ceiling by $700 billion, to $11.3 trillion from the current $10.6 trillion.

Read more about this topic:  Emergency Economic Stabilization Act Of 2008

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