Jul 7th, 2009 - Wall Street Journal
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(Adds comments on U.S economic prospects.)
Of DOW JONES NEWSWIRES
SINGAPORE (Dow Jones)--The U.S. government's budget deficit will likely be wider than expected this year, a top White House adviser said Tuesday.
Speaking at the Nomura Asia Equity Forum in Singapore, Laura Tyson, a member of President Barack Obama's Economic Advisory Panel, said the U.S. economy faces a worse situation than previously believed, and the deficit - already the widest since World War II - may surpass a previous projection of around 12% of gross domestic product.
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Obama Advisor: 2009 Deficit Likely Worse Than Planned
Jul 7th, 2009 - Wall Street Journal
SINGAPORE (Dow Jones)--The U.S. government's budget deficit will likely be wider than expected this year, a top White House advisor said Tuesday. Speaking at an economic conference in Singapore...
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