Saturday, August 10, 2013

The Deficit Is Shrinking - Business Insider

This is a follow-up to the two months of surpluses!  

The Deficit Is Shrinking - Business Insider: "Watch out for reports that don't mention the timing issue!

For the current fiscal year (ends September 30th), the CBO is projecting a deficit of 4.0%.  This is down sharply from 7.0% last year.  And the CBO expects the deficit to fall to 2.1% of GDP in 2015."

'via Blog this'

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