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US budget deficit for 2008 $400 billion. Budget for $2009 $999.95 Billion. 2010 is expected to be $1.43 Trillion.


The non-partisan Congressional Budget Office projected the 2009 deficit as $1.2 trillion on January 7, 2009. This was the last estimate they did while Bush was president. These estimates depend on many variables of course, so they are really rough estimates, but clearly the current year deficit was running somewhere above $1trillion when Obama took office.

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Q: What was the total deficit when Obama took office?
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