May 14, 2013
GIVE A VALETUDINARIAN A HUG:
Deficit projection reduced to $642 billion, CBO says (Lori Montgomery, Published: May 14, 2013, Washington Post)
The federal budget deficit will plummet to $642 billion this year, congressional budget analysts said Tuesday, reducing their previous forecast by roughly $200 billion. [...]Moreover, the nonpartisan Congressional Budget Office predicts that the deficit will continue to shrink, falling below 3 percent of the overall economy by 2015, a level economists consider to be economically sustainable.
The difficulty lies in keeping them that high.
Posted by Orrin Judd at May 14, 2013 8:23 PM
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