http://abcnews.go.com/blogs/politics/2012/08/grim-report-on-economy-gives-mitt-romney-an-opening-to-shift-back-to-economic-message/
"The government report, released today by the Congressional Budget Office, estimated a $1.1 trillion deficit for 2012, and said that if the tax and spending cuts go through as planned in January that “such fiscal tightening will lead to economic conditions in 2013 that will probably be considered a recession.”
The report also predicted that the country’s unemployment rate would remain above 8 percent for the rest of the year."
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