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Federal Deficit Is Nearly Double Last Year's Pace
The American Empire will eventually bleed to death like the Soviet Union. It will overextend itself abroad while economically and socially deteriorating at home. The demographic timebomb is already just beginning to manifest itself in California.
WASHINGTON -- The government ran up a deficit of $252.6 billion in the first six months of the 2003 budget year, nearly twice the total for the same period a year earlier, the Treasury Department reported Friday.