What is the federal budget deficit for 2009?

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2026-03-20 02:50

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The federal budget deficit for the fiscal year 2009 was approximately $1.4 trillion. This marked one of the largest deficits in U.S. history, primarily driven by the economic recession and increased government spending aimed at stimulating the economy. The deficit was a result of falling tax revenues coupled with rising expenditures, including bailouts and stimulus measures.

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