The new budget deficit numbers for June came out and it shows that the US budget deficit has topped one trillion for the first time in history, coming in at $1.1 trillion. The budget deficit predictions made in September of 2008 show that under President Bush the deficit was $454.8 billion. Which means that since last September and under the Obama Administration the deficit has ballooned by over $645 billion!
http://online.wsj.com/article/BT-CO-20090713-712243.html
