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Government spending truths
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Given the great hullabaloo in Washington over government spending, here are a couple of noteworthy facts: Under President Obama, the federal budget deficit has been more than cut in half, from a FY2009 high of $1.55 trillion (largely inherited from George W. Bush) to an estimated $642 billion this year, according to the Congressional Budget Office.However, a recent Bloomberg News poll shows that only 10 percent of American voters are acquainted with this indisputable fact. Fifty-nine percent mistakenly believe the deficit has risen under Obama. Another 26 percent think it's remained approximately the same.

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