Economics
Deficit Cost Drop Gives Obama Stimulus Clinton Missed
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The bond market is giving President Barack Obama the green light to spend more money to boost the faltering economy.
While the government has increased the amount of marketable Treasuries by 70 percent to $8.18 trillion the past two years, rising demand has driven yields so low that interest to service the debt has fallen 17 percent so far in fiscal 2010 ending Sept. 30 from all of 2008.