Now you know why the federal deficit is so big.

The growing federal deficit is among the most difficult and important problems we face.

The federal budget deficit hit a record of $413 billion in 2004.

Between 1933 and 1941 the average federal budget deficit was 3% per year.

The federal budget deficit this year is likely to approach $500 billion, a record.

And the federal budget deficit could be close to $400 billion this year.

There's a lot of talk in this country about the federal deficit.

There was also a growing federal budget deficit which increased to $66 billion.

As a senator, I worried every day about the size of the federal deficit.

In addition to the tax cuts, the bill would cut the federal deficit by $15.9 billion.