Jul 29, 2008

The Daily Buzz - U.S. Government Budget Deficit To Hit A Record 482 Billion Next Year

-The U.S. government budget deficit is projected to reach 482 billion next year, and that is just the lowball "official" estimate that does not include expenses such as the Iraq war.

-Meanwhile, retailers in the U.K. suffered their worst month in 25 years.

-As the American economy goes down the tank, struggling college students are turning to food banks.

-The World Organization for Animal Health reports that Nigeria, Africa's most populous nation, has reported new outbreaks of bird flu in two of its northern states.

-Lastly, two new bills in Congress would give the federal government unprecedented control over the way parents raise their children.

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