Federal Budget Deficit expected to hit new high

The Federal Budget Deficit is expected to hit a new high.

The Congressional budget office says it could reach 3.3 trillion dollars.

The spike means the federal debt will exceed the size of the economy.

THE CONGRESSIONAL BUDGET OFFICESAYS IT COULD REACH 3.3TRILLION DOLLARS.THE SPIKE MEANS THE FEDERALDEBT WILL EXCEED THE SIZE OFTHE ECONOMY.THE SHORTFALL IS MORE THANDOUBLE WHAT THE COUNTRY SAWDURING THE GREAT RECESSION IN2008.IF THIS HAPPENS, U-S WOULD BEIN THE SAME POSITION IT WASAFTER WORLD WAR TWO.MORE THAN 16-THOUSAND UNITEDAIRLINES EMPLOYEES WILL BE LAID