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Office of Management and Budget

Tax Revenues Lowest Since Depression

4 August 2009

The sky is falling! The sky is falling! Okay, not really. But revenues are falling. And it feels just as dramatic. As the economy slowly begins to recover, another challenge looms on the horizon: how to pay for of this “stimulus.” Cash for Clunkers? Stimulus checks for the disabled? TARP relief for banks? Extended unemployment [...]

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