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Read More »CBO projects a $188 billion decrease in this year’s federal budget deficit, but debt would then grow
WASHINGTON (AP) — The Congressional Budget Office said Wednesday that it expects the federal budget deficit to drop by $188 billion this fiscal year to $1.5 trillion, a short-lived dip as the annual shortfall is likely to rise over the next nine years. Two major factors are behind the decline in the budget deficit this year, each of them one-off …
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