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Why has the deficit increased so rapidly since 2002?

User Saminda Peramuna
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1 Answer

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10 votes

Answer:

The announcement of the budget deficit for fiscal year 2002 wasn't a surprise; the administration had earlier projected a slightly larger deficit for the year as the surplus was consumed by recession, war spending and tax cuts.

Step-by-step explanation:

<3 brainley please

User Varvara
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