Budget Deficit to Reach $1.35 Trillion for 2010 – WSJ.com

Congressional experts pegged the 2010 U.S. budget deficit at $1.35 trillion, a slight improvement from the $1.38 trillion estimate in August, but the overall picture of the government’s finances remains bleak, according to the annual report released Tuesday. The Congressional Budget Office said the government will run an aggregate deficit of almost $6 trillion during […]

Feds assess terror watchlists after airline attack – AP

Federal authorities met Monday to reassess the nation’s system of terror watchlists to determine how to avoid the type of lapse that allowed a man with explosives to board a flight to the U.S. even though he was flagged as a possible terrorist. A senior U.S. intelligence official said authorities were reviewing the procedures that […]