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Budget deficits threaten recovery, Business Council forecast says
HOT SPRINGS, Va. AP federal deficits pose a significant threat to a fragile recovery, with a forecast for modest growth and low inflation mirroring the Reagan administration. Unemployment may fall to 9.7 percent by year end, but deficits loom over markets and future growth.
MENTIONED IN THIS ARTICLE
Hot Springs
Business Council
John R. Opel
IBM Corp
Donald Seibert
L.C. Penney Co. Inc
Congress
Senate
Theodore Brophy
General Telephone & Electronics Corp
Opel
Treasury