Budget agency projects slow growth, high joblessness ----------- Aug-24-2011--

Budget agency projects slow growth,

high joblessness

Aug-24-2011--WASHINGTON – The economy will grow by less than 3% through 2012, and unemployment will remain above 8% until 2014, the non-partisan Congressional Budget Office projects.

In its semiannual update of budget and economic data, the agency — which serves as the official scorekeeper for President Obama and Congress — projects painfully slow progress on the economic front through next year's election and beyond.

Economic growth will remain slow but steady, it says, increasing by 2.3% this year and 2.7% next year.

The budget deficit this year will remain at about $1.3 trillion, the report says, marking the third straight year of $1 trillion-plus deficits. That's 8.5% of the nation's economy.

GOVERNMENT MORTGAGE RELIEF

INFO-AWARENESS

http://government-mortgage-relief.com

http://www.youtube.com/88888force

http://www.nationalshortsalebrokers.com

http://government-mortgage-relief.blogspot.com

http://info-awareness.blogspot.com

http://vikenzkokozian.blogspot.com/

http://88888force.blogspot.com/

http://fightthebank.blogspot.com/

http://fight-the-bank.blogspot.com/

http://truth-perception.blogspot.com/

http://twitter.com/INFOAWARENESS

1-858-366-4777 Skype

1-800-270-2928