Growing Budget Deficit
Americans are worried...
Recently, Americans become increasingly concerned about the growing federal budget deficit. The deficit has become a real problem for Barack Obama and the Democratic Party against the backdrop of high unemployment, Reuters reports.
That issue received a particular importance in anticipation of the coming November elections. Moreover, the recent elections to the Senate in Massachusetts were won by the Republican candidate that was a real blow to the Democrats, experts say.
Last year U.S. spent about 787 billion dollars in economic stimulus package. Hundreds of billions have been invested in drowning banks and automakers. After that the president proposed an ambitious plan to modernize the health system that cost $1 trillion. Most recently Barack Obama said that the country spends 155 billion dollars to create new jobs.
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