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Day: May 24, 2012

Real deficit in 2011 was $5 Trillion

The typical American household would have paid nearly all of its income in taxes last year to balance the budget if the government used standard accounting rules to compute the deficit, a USA TODAY analysis finds.

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Author ZenochPosted on May 24, 2012Categories EconomicTags debt, deficit, U.S. DebtLeave a comment on Real deficit in 2011 was $5 Trillion

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