Budget pact barely touches current-year deficit (AP) – 920th Edition

14 04 2011

House Speaker John Boehner of Ohio, speaks to reporters on Capitol Hill in Washington, Wednesday, April 13, 2011, about President Barack Obama's speech on the deficit and his plan for future spending. (AP Photo/J. Scott Applewhite)AP – 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.

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