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department aren't making the situation better. christine romans is in the business center with the numbers. christine, the market's doing great. but does anyone care about deficits anymore? >> yeah, let's look at these eye-popping deficit numbers. lawmakers are running out of time to raise the u.s. debt ceiling. and frankly, wall street doesn't seem to be paying attention at all. the budget deficit is now $741.1 billion jumping 23% in the first nine months of the fiscal year. federal spending also hit records for the same period. the government is spending so much more money than it brings in. the deadline is fast approaching too. this week the bipartisan policy center said the u.s. government could default on debt in september. they reached the debt limit in march. since then the treasury department has been using what it calls extraordinary measures to pay bills, move the money around. and the calendar is a mine field

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