May 7, 2014

OUR REPUBLICAN PRESIDENT:

Deficit now expected to be even lower (Jeanne Sahadi,  April 14, 2014, CNNMoney)

The Congressional Budget Office projected Monday that the 2014 shortfall will decline to 2.8% of GDP -- or $492 billion. That's about $23 billion below what the CBO forecast just a few months ago. And it's well below the 4.1% -- or $680 billion -- recorded last year.
Posted by at May 7, 2014 6:40 PM
  
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