| Budget deficit to hit $1.2 trillon (Reuters) [6 mins] Reuters - The U.S. budget deficit will swell to a record $1.186 trillion in fiscal 2009, congressional forecasters said on Wednesday, presenting President-elect Barack Obama with a daunting economic challenge. | Obama attends presidential lunch [19 mins][Washington, DC] Barack Obama joins President George W Bush and the three living ex-presidents for a special White House lunch.Related stories: Obama attends historic presidential lunch Obama attends presidential lunch ~2 grouped stories |