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Politics : Politics of Energy

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To: Brumar89 who wrote (38614)	2/27/2013 10:17:55 PM
From: Wharf Rat	Read Replies (3) of 86356

I think we aren't running trillion dollar deficits at the moment. Hee hee Taxes have gone up, eh? The Congressional Budget Office (CBO) today released its budget and economic outlook through 2023, saying that the federal deficit for fiscal year 2013 (ending in September) will shrink to $845 billion, the smallest deficit since 2008. The estimate assumes that current laws will remain in place. Without changes to current law, the total federal deficit will be equal to 77% of GDP in 2023 Read more: Federal Deficit to Fall Below $1 Trillion: CBO - 24/7 Wall St. http://247wallst.com/2013/02/05/federal-deficit-to-fall-below-1-trillion-cbo/#ixzz2M9zV82yx

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