Candidates Respond To Budget Deficit Projection

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McCain: “I have an unmatched record in fighting wasteful earmarks and unnecessary spending in the U.S. Senate…”

Obama camp: “Barack Obama will restore balance and fairness to our economy by cutting wasteful spending, shutting corporate loopholes and tax havens…”

Comes in wake of the announcement that the federal deficit is expected to reach $482 billion by next year.

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